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High Court for State of TelanganaITTA/370/2017dismissed

The Prl. Commissioner Of Income Tax-7 v. M/S The R.R.Dist. Jud. Emp. Mut. Accs Ltd.

2017-06-13Sanjay Kumar,Gudiseva Shyam Prasad2 pages

THE HON'BLE SRI JUSTI CE SANJAY KUMAR AND THE HON'BLE SRI JUSTI CE GUDI SEVA SHYAM PRASAD I .T.T.A.No.370 of 2017 JUDGMENT: (Per SK,J) Sri J.V.Prasad, learned senior standing counsel for the Income Tax Department, fairly states that the tax effect in this appeal is less than the monetary limits fixed by the Central Board of Direct Taxes under Circular No.21 of 2015 dated 10.12.2015.

The appeal therefore does not deserve consideration on merits and is accordingly dismissed on this short ground. Liberty is however given to the Revenue to take appropriate steps if it is found hereinafter that the said instructions of the Central Board of Direct Taxes would not cover this matter. No order as to costs.

____________________ JUSTI CE SANJAY KUMAR _________________________________ JUSTI CE GUDI SEVA SHYAM PRASAD 13th June, 2017 KSM

THE HON'BLE SRI JUSTI CE SANJAY KUMAR AND THE HON'BLE SRI JUSTI CE GUDI SEVA SHYAM PRASAD I .T.T.A.No.370 of 2017 13th June, 2017 KSM