The Income Tax Appeal was dismissed because no party appeared to support it, and the Revenue itself had no interest in pursuing the appeal, with the tax effect being nominal. The appeal was disposed of primarily due to non-prosecution.
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.
101-07-itxa=.doc
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 101 OF 2007
The Commissioner of Income Tax-II .. Appellant Thane
v/s.
M/s. Deepak Fertilizers & Petrochemicals Corporation Ltd. .. Respondent
None for the appellant Mr. Sanjiv M. Shah for respondent
CORAM : M.S. SANKLECHA & B.P. COLABAWALLA, J.J. DATED : 12th JANUARY, 2016.
P.C.
in support of the appeal. It appears that the Revenue is not interested in pursuing this appeal. Moreover, we notice that in para 10 of the Appeal Memo, the tax effect involved is Rs. 5.37 lakhs. Therefore, in view of the Central Board of Direct Tax Circular No.21/15 dated 10th
December, 2015, the Revenue it seems is not interested in pursuing this appeal.
(B.P. COLABAWALLA, J.) (M.S. SANKLECHA, J.)
1 of 1
Uday S. Jagtap
The Commissioner of Income Tax-II, Thane
M/s. Deepak Fertilizers & Petrochemicals Corporation Ltd.
M.S. SANKLECHA
B.P. COLABAWALLA
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
