Income Tax Appeal No. 2472 of 2011 was dismissed for non-prosecution as the Revenue appellant expressed lack of interest in pursuing the appeal involving Rs. 11.76 lakhs tax effect.
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2472-11-itxa=.doc
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 2472 OF 2011
Commissioner of Income Tax-21 Mumbai
.. Appellant
v/s.
The Presidency Co-op. Hsg. Society Ltd.
.. Respondent
None for the appellant None for the respondent
CORAM : M.S. SANKLECHA & S.C. GUPTE, J.J.
DATED : 23rd AUGUST, 2016.
P.C.
that the Revenue is not interested in pursuing this appeal. We note that the tax effect involved in the present appeal is Rs.11.76 lakhs as mentioned in para 11 of the memo of Appeal, which possibly explains lack of interest on the part of the Revenue bearing in mind the Circular No.21 of 2015 dated 10th December, 2015 issued by the Central Board of Direct Taxes.
1 of 2
Uday S. Jagtap
2472-11-itxa=.doc
(S.C. GUPTE, J.)
(M.S. SANKLECHA, J.)
2 of 2
Uday S. Jagtap
Commissioner of Income Tax-21 Mumbai
The Presidency Co-op. Hsg. Society Ltd.
M.S. Sanklecha
S.C. Gupta
As recorded by the court registry
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