THE COMMISSIONER OF INCOME TAX-8 Vs. M/S N.S.N. JEWELLERS PVT. LTD

Supreme Court of India (Division Bench (DB)- Two Judge)

Appeal (Civil), 5186 of 2015, Judgment Date: Mar 14, 2016

                                                NON REPORTABLE


                         IN THE SUPREME COURT OF INDIA
                        CIVIL  APPELLATE JURISDICTION

                          CIVIL APPEAL NO.5186 OF 2015


|THE COMMISSIONER OF INCOME TAX-8                         |Appellant(s)         |

                    Versus

|M/S N.S.N. JEWELLERS PRIVATE LIMITED                     |Respondent(s)        |


                      J U D G M E N T

KURIAN, J.

1.    We have heard learned counsel for the parties.
2.    Delay condoned.
3.    Since the tax effect is below Rs.25,00,000/- (rupees twenty five  lacs
only) at the time of filing of the civil appeal, in  view  of  the  circular
issued  by  the  Central  Board  of  Direct  Taxes,  this  civil  appeal  is
dismissed.
4.    However, the question of law is kept open.
5.    I.A. No.2 of 2016 – for direction is disposed of.



                                                      .......................J.
                                                                (KURIAN JOSEPH)



                                                     ........................J.
                                                        (ROHINTON FALI NARIMAN)

New Delhi,
March 14, 2016