The Commissioner of Income-tax-I, Indore v. Flexituff International Ltd
[Citation -2019-LL-0930-56]
| Citation | 2019-LL-0930-56 |
|---|---|
| Appellant Name | The Commissioner of Income-tax-I, Indore |
| Respondent Name | Flexituff International Ltd. |
| Court | HIGH COURT OF MADHYA PRADESH AT INDORE |
| Relevant Act | Income-tax |
| Date of Order | 30/09/2019 |
| Judgment | View Judgment |
| Keyword Tags | monetary limit • tax effect |
| Bot Summary: | The aforesaid circular has to be read with Circular dated 11-07-2018 wherein the monetary limit fixed was Rupees forty lacs, whereas in the present case the tax effect is Rs. 40 lacs as informed by the learned for counsel for the Income Tax Department. In ITA No. 41/2016 the tax effect is again Rs. 70 lacs and, therefore the appeal stands dismissed. In ITA No. 43/2016 the tax effect is again Rs. 6 lacs and, therefore the appeal stands dismissed. In ITA No. 44/2016 the tax effect is again Rs. 4 lacs and, therefore the appeal stands dismissed. In ITA No. 162/2016, the tax effect is again Rs. 25 lacs and, therefore the appeal stands dismissed. In ITA No. 55/2017, the tax effect is again Rs. 11 lacs and, therefore the appeal stands dismissed. In ITA No. 56/2017, the tax effect is again Rs. 64 lacs and, therefore the appeal stands dismissed. |