The High Court dismissed an IT Appellate Tribunal appeal raised by the Revenue against an order regarding lease rental income. Finding the tax effect to be under Rs. 20 lakhs, the Court held the appeal not pressed under Circular No. 21/2015.
Appeal dismissed by treating it as not pressed under Circular No. 21/2015.
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* IN THE HIGH COURT OF DELHI AT NEW DELHI 15.
versus
BURR BROWN INDIA LTD ..... Respondent Through: Mr Rohit Madan, Mr Amol Sinha and Mr Nitin Gulati, Advocates.
CORAM: JUSTICE S.MURALIDHAR JUSTICE VIBHU BAKHRU
O R D E R % 14.03.2016
ITA 282/2014 Page 1 of 2
companies was 35%. It is on that basis that it was pointed out that the tax effect is less than Rs.20 lakhs and in terms of Circular No.21/2015 dated 10th December, 2015 this appeal ought to be as not pressed by the Revenue.
S.MURALIDHAR, J
VIBHU BAKHRU, J
MARCH 14, 2016 MK
ITA 282/2014 Page 2 of 2
1 issue framed by the court
Whether the requirement of Circular No.21/2015 applies when the tax effect is less than twenty lakhs.
1 provisions across 1 enactments
Commissioner of Income Tax-Central-II
Burr Brown India Ltd
S.Muralidhar
Vibhu Bakhru
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
