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Bombay High CourtITXA/6876/2010disposed off

The Commissioner Of Income Tax - 4 Mumbai v. Alka Securities Ltd.

2016-06-17Hon'Ble Shri Justice M.S. Sonak,Hon'Ble Shri Justice M.S. Sanklecha1 pages

6876-10-itxa=.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.6876 OF 2010 The Commissioner of Income Tax-4 Mumbai .. Appellant v/s.

M/s. Alka Securities Ltd.

.. Respondent None for the appellant CORAM : M.S. SANKLECHA & M.S. SONAK, J.J.

DATED : 17th JUNE, 2016.

P.C.

1.

This appeal relates to Assessment Year 2006-07. 2.

None appears in support of the appeal. It appears that the Revenue is not interested in pursuing this appeal. Moreover, we notice that in para 10 of the Appeal Memo, the tax effect is less than Rs.20 lakhs. Therefore, prima facie the Central Board of Direct Tax Circular No.21/15 dated 10th December, 2015, could be the reason for not pursuing this appeal.

3.

The appeal is dismissed for non-prosecution.

(M.S. SONAK, J.) (M.S. SANKLECHA, J.) Uday S. Jagtap