Digitallysigned Byshraddhashraddhakamleshthe Principal Commissioner Of Income Tax v. Family Investment Private Limited,F.p

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 3322 OF 2018 Digitallysigned bySHRADDHASHRADDHAKAMLESHThe Principal Commissioner of Income Tax-9,KAMLESHTALEKARTALEKARDate:Aaykar Bhavan, M.K. Road,2023.01.1816:24:46+0530Churchgate, Mumbai-400 020. … Appellant Versus Family Investment Private Limited,F.P. 145, Ram Mandir Road,Vile Parle (East), Mumbai-400 057,PAN : AAACF 0520D …Respondent ***** Mr.Suresh Kumar, Advocate for appellant. Mr.Atul K. Jasani, Advocate for respondent. CORAM : DHIRAJ SINGH THAKUR & KAMAL KHATA, JJ. DATE :13[th] JANUARY, 2023. P C : 1.Learned counsel for the appellant states that the tax effectin the present Appeal is below the limit stipulated in terms ofCircular No.17 of 2019, dated 8[th] August, 2019 issued by CentralBoard of Direct Taxes (CBDT). It is stated that no instructionshave been received from the Department to withdraw the presentAppeal. 2.In the light of Circular No.17 of 2019, the Appeal is disposedof as involving low tax effect. 3.However, we observe that in case, the Revenue fnds forsome reason that the Appeal was not supposed to have beenwithdrawn in the light of the Circular, it would be open to theRevenue to fle an application, seeking restoration of the Appeal,to be decided on its own merits. Refund of Court-fees as per rules. [ KAMAL KHATA, J. ] [DHIRAJ SINGH THAKUR, J.]