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Income Tax Appeal Withdrawn by Revenue Department Due to Low Tax Effect
Income Tax Appeal Withdrawn by Revenue Department Due to Low Tax Effect
In this case, the Commissioner of Income Tax had filed an appeal against MGF Automobiles Ltd. before the Supreme Court. However, the Department of Revenue, Ministry of Finance, instructed the counsel for the appellant to seek permission to withdraw the appeal along with pending applications due to the low tax effect involved. The Supreme Court granted permission and dismissed the appeal and pending applications, leaving the questions of law open.
Case Name:
Commissioner of Income Tax (C) - I vs. MGF Automobiles Ltd.
Civil Appeal NO(S).6407 OF 2016
Judgement:
The Supreme Court granted permission to withdraw the appeal and pending applications, subject to just exceptions. The appeal and pending applications were dismissed as withdrawn, leaving the questions of law open.
1. Learned counsel for the appellant, on instructions issued by the Department of Revenue, Ministry of Finance vide F.No.390/Misc./116/2017-JC dated 22.08.2019, seeks permission to withdraw this appeal along with pending applications therein due to low tax effect.
2. Permission granted, subject to just exceptions.
3. The appeal and pending application(s) are dismissed as withdrawn, leaving question(s) of law open.
(A.M. KHANWILKAR)
(HEMANT GUPTA)
(DINESH MAHESHWARI)
NEW DELHI
JANUARY 22, 2020
The appeal and pending application(s) are dismissed as withdrawn in terms of the signed order.
(NEETU KHAJURIA)
COURT MASTER
(VIDYA NEGI)
COURT MASTER
(Signed order is placed on the file.)
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Income Tax Appeal Withdrawn by Revenue Department Due to Low Tax Effect
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- Reportdata/183_STGuf66.pdf
