The Principal Commissioner of Income-tax, Vadodara v. Kanaka Infratech Ltd
[Citation -2019-LL-0916-170]

Citation 2019-LL-0916-170
Appellant Name The Principal Commissioner of Income-tax, Vadodara
Respondent Name Kanaka Infratech Ltd.
Court HIGH COURT OF GUJARAT AT AHMEDABAD
Relevant Act Income-tax
Date of Order 16/09/2019
Judgment View Judgment
Keyword Tags low tax effect • monetary limit
Bot Summary: This Tax Appeal under Section 260A of the Income Tax Act, 1961 is at the instance of the Revenue. This Tax Appeal is not pressed in view of the low tax effect having regard to the Circular No.17/2019, dated 8th August, 2019 issued by the Government of India, Ministry of Finance, Department of Revenue, Central Board Direct Taxes, New Delhi. In view of the aforesaid, this Tax Appeal is disposed of accordingly, with a liberty to revive in case of any difficulty.


C/TAXAP/687/2019 ORDER IN HIGH COURT OF GUJARAT AT AHMEDABAD R/TAX APPEAL NO. 687 of 2019 PRINCIPAL COMMISSIONER OF INCOME TAX, VADODARA 3 Versus M/S KANAKA INFRATECH LTD Appearance: MR.VARUN K.PATEL(3802) for Appellant(s) No. 1 for Opponent(s) No. 1 CORAM: HONOURABLE MR.JUSTICE J.B.PARDIWALA and HONOURABLE MR.JUSTICE A.C. RAO Date : 16/09/2019 ORAL ORDER (PER : HONOURABLE MR.JUSTICE J.B.PARDIWALA) 1. This Tax Appeal under Section 260A of Income Tax Act, 1961 (for short Act, 1961 ) is at instance of Revenue. 2. This Tax Appeal is not pressed in view of low tax effect having regard to Circular No.17/2019, dated 8th August, 2019 issued by Government of India, Ministry of Finance, Department of Revenue, Central Board Direct Taxes, New Delhi. 3. According to new policy as reflected from Page 1 of 2 Downloaded on : Sat Oct 26 10:29:53 IST 2019 C/TAXAP/687/2019 ORDER Circular referred to above, table for monetary limits is as follows : Sr. No. Appeals/SLPs in Income-tax matters Monetary Limit (Rs.) 1 Before Appellate Tribunal 50,00,000 2 Before High Court 1,00,00,000 3 Before Supreme Court 2,00,00,000 4. In view of aforesaid, this Tax Appeal is disposed of accordingly, with liberty to revive in case of any difficulty. (J. B. PARDIWALA, J) (A. C. RAO, J) Dolly Page 2 of 2 Downloaded on : Sat Oct 26 10:29:53 IST 2019 Principal Commissioner of Income-tax, Vadodara v. Kanaka Infratech Ltd
Report Error