Principal Commissioner of Income-tax-2 v. Gruh Finance Ltd
[Citation -2020-LL-0127-403]

Citation 2020-LL-0127-403
Appellant Name Principal Commissioner of Income-tax-2
Respondent Name Gruh Finance Ltd.
Court HIGH COURT OF GUJARAT AT AHMEDABAD
Relevant Act Income-tax
Date of Order 27/01/2020
Judgment View Judgment
Keyword Tags monetary limit • low tax effect


C/TAXAP/456/2017 ORDER IN HIGH COURT OF GUJARAT AT AHMEDABAD R/TAX APPEAL NO. 456 of 2017 PRINCIPAL COMMISSIONER OF INCOME TAX-2 Versus GRUH FINANCE LTD. Appearance: MRS MAUNA M BHATT(174) for Appellant(s) No. 1 MR MANISH J SHAH(1320) for Opponent(s) No. 1 RULE SERVED(64) for Opponent(s) No. 1 CORAM: HONOURABLE MR.JUSTICE J.B.PARDIWALA and HONOURABLE MR. JUSTICE BHARGAV D. KARIA Date : 27/01/2020 ORAL ORDER (PER : HONOURABLE MR.JUSTICE J.B.PARDIWALA) 1. Registry has notified appeal for purpose of passing appropriate order. captioned appeal has been notified because of low tax effect. appeal is to be disposed of keeping in mind Circular No.17/2019, dated 8th August, 2019 issued by Government of India, Ministry of Finance, Department of Revenue, Central Board Direct Taxes, New Delhi. 2. This tax appeal is not pressed in view of low tax effect having regard to Circular No.17/2019, dated 8th August, 2019 issued by Government of India, Ministry of Finance, Department of Revenue, Central Board Direct Taxes, New Delhi. 3. According to new policy as reflected from Circular referred to above, table for monetary limits is as follows: Page 1 of 2 Downloaded on : Mon Dec 28 14:54:04 IST 2020 C/TAXAP/456/2017 ORDER Sr. Appeals/SLPs in Income tax matters Monetary Limit No. (Rs.) 1 Before Appellate Tribunal 50,00,000 2 Before High Court 1,00,00,000 3 Before Supreme Court 2,00,00,000 4. In view of aforesaid, appeal is disposed of accordingly. In case of any difficulty, we reserve liberty for Revenue to revive tax appeal. (J. B. PARDIWALA, J) (BHARGAV D. KARIA, J) GIRISH Page 2 of 2 Downloaded on : Mon Dec 28 14:54:04 IST 2020 Principal Commissioner of Income-tax-2 v. Gruh Finance Ltd
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