Relief to Manipal Finance Corporation Ltd: Karnataka HC dismisses Appeal of Revenue on Grounds of Monetary Limits [Read Order]

Relief to Manipal Finance Corporation Ltd - Karnataka HC dismisses Appeal of Revenue on Grounds of - Monetary Limits - TAXSCAN

The Karnataka High Court granted relief to Manipal Finance Corporation Limited by dismissing the appeal of the revenue. The high court has dismissed the same on the grounds of monetary limits. The appellant, Commissioner of Income Tax of Mangaluru filed two appeals under 260-A of the Income Tax Act, 1961 against the Manipal Finance which…

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