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