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Bombay High CourtITXA/290/2015disposed off

The Director Of Income Tax v. M/S Mahindra Forgings

2017-08-29Hon'Ble Smt. Justice Vibha Vasant Kankanwadi,Hon'Ble Shri Justice S.C. Dharmadhikari1 pages

suresh 7-ITXAG-13.2015.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.13 OF 2015 WITH INCOME TAX APPEAL NO.290 OF 2015 The Director of Income-tax, Pune - 411 009 .... Appellant Vs.

M/s. Mahindra Forgings Ltd., Pune - 410 501 .... Respondent Mr. Sham V. Walve for the Appellant.

Mr. Sanjiv M. Shah for the Respondent.

CORAM: S.C. DHARMADHIKARI & SMT. VIBHA KANKANWADI, JJ.

DATE : AUGUST 29, 2017 P.C:

In the light of the circular of the Revenue and bearing in mind the tax effect being less than Rs.20 lakhs, in terms of its circular the Revenue cannot press these appeals. They are disposed of in the light of the Revenue's circular dated 10-12-2015.

(SMT. VIBHA KANKANWADI, J.) (S.C. DHARMADHIKARI, J.)