The C.I.T.B.C-V. v. M/S. Wockharde Pvt.Ltd.

(903)ITRNo.6111998

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDITION INCOME TAX REFERENCE NO.611 OF 1998 The Commissioner of Income Tax Bombay City-V, Bombay ...

Applicant V/s.

M/s.Wockhardt Pvt. Ltd.

...

Respondent .....

None for the Applicant.

Mr.Atul K. Jasani, Advocate for the Respondent. ....

CORAM :

S.V.GANGAPURWALA & A.M.BADAR JJ.

DATED :

6th July 2017.

P.C.

The Tax effect liability involved is below Rs.20,00,000/-. The CBDT Circular No.21 of 2015 dated 10th December 2015 would also apply to Reference in view of the Judgment of the Division Bench of this Court in Commissioner of Income-Tax v. Sunny Sounds P. Ltd., reported in [2016] 381 ITR 443 (Bom.).

In view of that, the Reference is disposed of. ( A.M.BADAR J.) ( S.V.GANGAPURWALA J.) Gaikwad RD 1/1