Credit Agricole Indosuez Mumbai - 20 v. Commissioner of Income Tax, City-Iii, Mumbai
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HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY…
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ITR15.01
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX REFERENCE NO.15 OF 2001
Credit Agricole Indosuez, Mumbai 400 020 … Applicant v/s The Commissioner of Income Tax, Mumbai City III, Mumbai … Respondent
Mr Sameer Chitnis i/b M/s Crawford Bayley and Co. for Applicant.
Mr Suresh Kumar for Respondent.
CORAM: M.S. SANKLECHA AND B.P. COLABAWALLA JJ.
DATE : 26TH FEBRUARY, 2016
P.C.:-
- This Reference under section 256(1) of the Income Tax Act 1961 relates to AY 1983-84.
- Mr Suresh Kumar, learned counsel for the Revenue states that the tax effect involved in this Reference is less than Rs.20 lakhs. He further states that in view of the Central Board of Direct Tax Circular No.21/15 dated 10th December 2015, the Revenue has been directed not to challenge the orders of the Tribunal before this Court where the tax effect is less than the
Parties & counsel
- appellant
Credit Agricole Indosuez
- respondent
Commissioner of Income Tax, Mumbai City III
Coram
M.S. Sanklecha
Case details
As recorded by the court registry
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