This is a short order disposing of an Income Tax Reference where the Revenue applicant, relying on a Circular regarding low tax-effect limits and a prior High Court decision, expressed lack of interest in pressing the Reference. The court disposed of the matter without an order as to costs.
No order as to costs.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
ITR131.99
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX REFERENCE NO.131 OF 1999
The Commissioner of Income Tax, Bombay City VIII, Bombay … Applicant v/s Mr Damnji M. Savla, Bombay-1 … Respondent
Mr Suresh Kumar for Applicant. None for Respondent.
CORAM: M.S. SANKLECHA AND
B.P. COLABAWALLA JJ.
DATE : 16TH FEBRUARY, 2016
P.C.:-
1/2
VRD
ITR131.99
(B.P.COLABAWALLA, J.) (M.S. SANKLECHA, J.)
2/2
VRD
2 issues framed by the court
Whether the Restriction Order Circular No.21/2015 regarding pending appeals with tax effect under Rs.20 lakhs applies to pending Income Tax References.
Whether the Revenue is permitted to press a Reference when the tax effect is less than Rs.20 lakhs under Circular No.21/15.
Colour shows how this judgement treated each authority
CIT, Bombay City I v/s M/s Sunny Sounds Pvt.Ltd.Referred¶16
CIT, Bombay City I v/s M/s Sunny Sounds Pvt.Ltd. in ITR No.213 of 1997
2 provisions across 2 enactments
The Commissioner of Income Tax, Bombay City VIII
Mr Damnji M. Savla
M.S. Sanklecha
B.P. Colabawalla
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
