Pr. Commissioner of Income-tax 1 v. Rajendra Sugamchand Shah
[Citation -2019-LL-1014-35]
Citation | 2019-LL-1014-35 |
---|---|
Appellant Name | Pr. Commissioner of Income-tax 1 |
Respondent Name | Rajendra Sugamchand Shah |
Court | HIGH COURT OF GUJARAT AT AHMEDABAD |
Relevant Act | Income-tax |
Date of Order | 14/10/2019 |
Judgment | View Judgment |
Keyword Tags | monetary limit • tax effect |
Bot Summary: | Mrs.Kalpana K. Raval, 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 pending appeals, she does not press the present appeal. The appeal is, accordingly, disposed of as not Page 1 of 2 Downloaded on : Wed Oct 16 15:29:37 IST 2019 C/TAXAP/251/2016 ORDER 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. |