Director Of Income Tax v. Niko Resources Ltd

IN THE HIGH COURT OF GUJARAT AT AHMEDABADR/TAX APPEAL NO. 1859 of 2008 ========================================================== DIRECTOR OF INCOME TAX VersusNIKO RESOURCES LTD ========================================================== Appearance: MR.VARUN K.PATEL(3802) for the Appellant(s) No. 1M/S WADIAGHANDY AND CO(5679) for the Opponent(s) No. 1 ========================================================== CORAM: HONOURABLE MS.JUSTICE HARSHA DEVANIand HONOURABLE MS. JUSTICE SANGEETA K. VISHEN Date : 15/11/2019 ORAL ORDER (PER : HONOURABLE MS.JUSTICE HARSHA DEVANI) 1. Mr. Varun K. Patel, learned senior standing counsel for the appellant has placed on record a communication dated 31.10.2019 of the Income-tax Officer (Tech) (IT&TP) for Commissioner of Income-tax (IT&TP), Ahmedabad instructing him that the present appeal falls under the threshold monetary limit of Rs.1,00,00,000/- and requesting him to withdraw the appeal. 2. In view of the above, the learned senior standing counsel for the appellant seeks permission to withdraw the appeal. 3.Permission, as prayed for, is granted. The appeal is disposed of as withdrawn. However, in case there is any error in the computation of the C/TAXAP/1859/2008 ORDER tax effect involved or if for any reason, the instructionF.No.390/MISC/116/2017-JCdated 22.08.2019 is not applicable, it would be open for the appellant to seek revival of the appeal. (HARSHA DEVANI, J) RAVI P. PATEL (SANGEETA K. VISHEN,J)