Commissioner of Income Tax City-Iv, Mumbai v. M/S. Shree Rajasthan Texchem Ltd.
Case brief
What is this about?
The Income Tax Appellant approached the Bombay High Court challenging an order. The Revenue stated that in view of a Central Board of Direct Tax Circular, the tax effect was below the threshold for challenging an order, and thus the appeal is withdrawn and dismissed.
What did the court decide?
Appeal dismissed as withdrawn. Refund of Court fees as per Rules.