Commissioner of Income-tax-II v. Param Polypack Pvt. Ltd - 2019-LL-0926-18

Citation	2019-LL-0926-18
Appellant Name	Commissioner of Income-tax-II
Respondent Name	Param Polypack Pvt. Ltd.
Court	HIGH COURT OF GUJARAT AT AHMEDABAD
Relevant Act	Income-tax
Date of Order	26/09/2019
Judgment	View Judgment
Keyword Tags	monetary limit • tax effect
Bot Summary:	Heard Mr.Varun K. Patel, learned senior standing counsel for the appellant and Mr.B.S. Soparkar, learned advocate for the respondent. Mr. Varun K. Patel, learned senior standing counsel for the appellant, has stated that the tax effect involved in this appeal is less than Rs.1,00,00,000/-. Under the circumstances, in the light of the Circular No.23 of 2019 dated 06.09.2019 issued by the Government of India, Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, which provides that no appeal wherein the tax effect does not exceed the monetary limit of Rs.1,00,00,000/- shall be filed before the High Court and which has also been made retrospectively applicable to Page 1 of 2 Downloaded on : Sat Sep 28 11:11:22 IST 2019 C/TAXAP/8/2013 ORDER pending appeals, the learned senior standing counsel for the appellant does not press the present appeal. The appeal is, accordingly, disposed of as not pressed in light of the Circular dated 06.09.2019. In case there is any error in the computation of the tax effect involved or if, for any reason, the Circular is not applicable, it would be open for the appellant to seek revival of the appeal.

IN HIGH COURT OF GUJARAT AT AHMEDABAD R/TAX APPEAL NO. 8 of 2013 COMMISSIONER OF INCOME TAX II Versus PARAM POLYPACK PVT LTD Appearance: MR.VARUN K.PATEL(3802) for Appellant(s) No. 1 MR B S SOPARKAR(6851) for Opponent(s) No. 1 CORAM: HONOURABLE MS.JUSTICE HARSHA DEVANI and HONOURABLE MS. JUSTICE SANGEETA K. VISHEN Date : 26/09/2019 ORAL ORDER (PER : HONOURABLE MS.JUSTICE HARSHA DEVANI) 1. Heard Mr.Varun K. Patel, learned senior standing counsel for appellant and Mr.B.S. Soparkar, learned advocate for respondent. 2. Mr. Varun K. Patel, learned senior standing counsel for appellant, has stated that tax effect involved in this appeal is less than Rs.1,00,00,000/-. Under circumstances, in light of Circular No.23 of 2019 dated 06.09.2019 issued by Government of India, Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, which provides that no appeal wherein tax effect does not exceed monetary limit of Rs.1,00,00,000/- shall be filed before High Court and which has also been made retrospectively applicable to Page 1 of 2 Downloaded on : Sat Sep 28 11:11:22 IST 2019 C/TAXAP/8/2013 ORDER pending appeals, learned senior standing counsel for appellant does not press present appeal. 3. appeal is, accordingly, disposed of as not pressed in light of Circular dated 06.09.2019. However, in case there is any error in computation of tax effect involved or if, for any reason, Circular is not applicable, it would be open for appellant to seek revival of appeal. (HARSHA DEVANI, J) (SANGEETA K. VISHEN,J) RAVI P. PATEL Page 2 of 2 Commissioner of Income-tax-II v. Param Polypack Pvt. Ltd

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