The Commissioner of Income-tax-7, Mumbai v. Zeigler Investments Pvt. Ltd
[Citation -2020-LL-0110-57]

Citation 2020-LL-0110-57
Appellant Name The Commissioner of Income-tax-7, Mumbai
Respondent Name Zeigler Investments Pvt. Ltd.
Court HIGH COURT OF BOMBAY
Relevant Act Income-tax
Date of Order 10/01/2020
Judgment View Judgment
Keyword Tags tax effect
Bot Summary: Mr.Netaji Gawade, for the Respondent in ITXA No.957 of 2008. Mr.Rahul Hakani, for the Respondent in ITXA No.1233 of 2008. Mr.Atul K.Jasani, for the Respondent in ITXA No.31 of 2009. 2 56 - 72 ITXA 673-2008 to doc P.C. : On the last date, we had adjourned these appeals at the instance of the learned counsel for the Revenue to enable them to take instructions to withdraw these appeals in terms of Circular No. 17 of 2019 dated 8 August 2019 issued by the Central Board for Direct Taxes. Today, the learned Counsel appearing in support of the appeals state that in spite of their best efforts, no instructions are forthcoming from the Revenue. All of them state that the tax effect involved in all these appeals is less than the threshold limit of Rs. 1.00 crore as provided in the CBDT Circular dated 8 August 2019. In the above view, all the appeals are disposed of in terms of the above Circular.


IN HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 673 OF 2008 Commissioner of Income-Tax-7, Mumbai .. Appellant Vs Zeigler Investments Pvt. Ltd. .. Respondent AND INCOME TAX APPEAL NOS. 957 , 973, 1125, 1156, 1231, 1233, 1272 OF 2008, 31, 50, 155, 286, 287, 293 OF 2009 Mr.Suresh Kumar, for Appellant in ITXA Nos.673, 957, 1125, 1156, 1231, 1233, 1272 of 2008, 31, 50, 155, 286, 287, 293 of 2009. Mr.Sham V.Walve, for Appellant in ITXA No.973 of 2008. Mr.Netaji Gawade, for Respondent in ITXA No.957 of 2008. Mr.V.S.Hadade, for Respondent in ITXA Nos.1125 and 1231 of 2008. Mr.Rahul Hakani, for Respondent in ITXA No.1233 of 2008. Mr.Atul K.Jasani, for Respondent in ITXA No.31 of 2009. CORAM : NITIN JAMDAR & M.S.KARNIK , JJ. Date : 10 January 2020. 2 56 - 72 ITXA 673-2008 to doc P.C. : On last date, we had adjourned these appeals at instance of learned counsel for Revenue to enable them to take instructions to withdraw these appeals in terms of Circular No. 17 of 2019 dated 8 August 2019 issued by Central Board for Direct Taxes (CBDT). 2. Today, learned Counsel appearing in support of appeals state that in spite of their best efforts, no instructions are forthcoming from Revenue. All of them state that tax effect involved in all these appeals is less than threshold limit of Rs. 1.00 crore as provided in CBDT Circular dated 8 August 2019. 3. In above view, all appeals are disposed of in terms of above Circular. Refund of Court fee as per Rules. 4. However, it is made clear that in case Officers of Revenue inform learned counsel for Revenue that any of these appeals are not covered by above CBDT Circular dated 8 August 2019, then parties are at liberty to move this Court for recall of this order in respect of those appeals. M.S.KARNIK, J. NITIN JAMDAR, J. Commissioner of Income-tax-7, Mumbai v. Zeigler Investments Pvt. Ltd
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