Sequel to a circular increasing the monetary limit for tax effect before the High Court, the Department's appeal was disposed of as not pressed because the tax effect in the present case fell below the revised threshold.
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$~1.
..... Appellant
Through: Mr. Zoheb Hossain, Advocate. versus
M/S HYDERABAD DISTILLERIES & WINERIES PVT. LTD.
..... Respondent
Through: Mr. Aniket D. Agrawal and Ms.Kannopriya Gupta, Advocates.
CORAM:
HON'BLE MR. JUSTICE VIPIN SANGHI HON'BLE MR. JUSTICE SANJEEV NARULA
%
O R D E R 07.11.2019
In the light of the circular dated 08.08.2019 issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes (Judicial Section), Government of India, which fixes the monetary limit in respect of tax effect, inter alia, before the High Court in which the Department could pursue the matter as Rs. 1,00,00,000/- and in view of the fact that the tax effect in the present case is Rs. 87,81,906/-, the present appeal is disposed of as not pressed.
VIPIN SANGHI, J
SANJEEV NARULA, J
NOVEMBER 07, 2019 N.Khanna
PR. COMMISSIONER OFLNCOME TAX (CENTRAL)-1
M/S HYDERABAD DISTILLERIES & WINERIES PVT. LTD.
VIPIN SANGHI
SANJEEV NARULA
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
