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Case Law Details

Case Name : Dy Commissioner of Income Tax & 250 Others Vs Soma Textiles & Industries Limited & 250 Others and related 7 cross objections (ITAT Ahmedabad)
Related Assessment Year :
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In the case of DCIT Vs. Soma Textiles & Industries Limited , ITAT Rajkot has dismissed 251 Appeal filed by Department as Tax effect in these appeals was not exceeding Rs. 10 Lakh, in view of recent CBDT circular no. 21/2015 dated 10th December 2015.

While Hearing the appeal  ITAT observed that It is indeed heartening to note that in one stroke, the Government h

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