A.C.I.T. Bharuch Circle Bharuch v. Gujarat Insecticides Ltd
[Citation -2019-LL-1009-40]

Citation 2019-LL-1009-40
Appellant Name A.C.I.T. Bharuch Circle Bharuch
Respondent Name Gujarat Insecticides 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: Heard Mr.Varun K. Patel, learned senior standing counsel for the appellant and Mr.Manish J. Shah, 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.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 Page 1 of 2 Downloaded on : Thu Oct 17 12:09:24 IST 2019 C/TAXAP/698/2012 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 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.


C/TAXAP/698/2012 ORDER IN HIGH COURT OF GUJARAT AT AHMEDABAD R/TAX APPEAL NO. 698 of 2012 A.C.I.T. BHARUCH CIRCLE BHARUCH Versus GUJARAT INSECTICIDES LTD Appearance: MR.VARUN K.PATEL(3802) for Appellant(s) No. 1 MR MANISH J SHAH(1320) for Opponent(s) No. 1 CORAM: HONOURABLE MS.JUSTICE HARSHA DEVANI and HONOURABLE MS. JUSTICE SANGEETA K. VISHEN Date : 09/10/2019 ORAL ORDER (PER : HONOURABLE MS.JUSTICE HARSHA DEVANI) 1. Heard Mr.Varun K. Patel, learned senior standing counsel for appellant and Mr.Manish J. Shah, 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.17 of 2019 dated 08.08.2019 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 : Thu Oct 17 12:09:24 IST 2019 C/TAXAP/698/2012 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 08.08.2019. 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 Downloaded on : Thu Oct 17 12:09:24 IST 2019 A.C.I.T. Bharuch Circle Bharuch v. Gujarat Insecticides Ltd
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