Principal Commissioner of Income-tax, Vadodara 4 v. General Motors India Pvt. Ltd
[Citation -2019-LL-1009-30]
Citation | 2019-LL-1009-30 |
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Appellant Name | Principal Commissioner of Income-tax, Vadodara 4 |
Respondent Name | General Motors India Pvt. Ltd. |
Court | HIGH COURT OF GUJARAT AT AHMEDABAD |
Relevant Act | Income-tax |
Date of Order | 09/10/2019 |
Judgment | View Judgment |
Keyword Tags | monetary limit • tax effect |
Bot Summary: | Mr. Varun K. Patel, learned senior standing counsel for the appellant, has stated that the tax effect involved in these appeals is less than Rs.1,00,00,000/-. Under the circumstances, in the light of the Circular No.17 of 2019 dated 08.08.2019 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 pending appeals, the learned senior standing counsel for the appellant does not press the Page 1 of 2 Downloaded on : Wed Oct 16 15:38:38 IST 2019 C/TAXAP/871/2018 ORDER present appeal. The appeals are, accordingly, disposed of as not pressed in light of the Circular dated 08.08.2019. 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/s. |