Income Tax Appeal v. In The Light Of Circular

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1877 OF 2014WITHINCOME TAX APPEAL NO.1876 OF 2014 Commissioner of Income Tax-2,Aayakar Bhavan,M.K. Road, Mumbai-400 020…Appellant Versus L & T Finance Ltd.L.T. House, N.M. Marg,Ballard Estate,Mumbai-400 038PAN: AAACL8668G…Respondent *** Mr. Suresh Kumar for the Appellant.Mr. Atul K. Jasani for the Respondent. *** CORAM :DHIRAJ SINGH THAKUR &ABHAY AHUJA, JJ. P. C. : DATE : 12 AUGUST 2022 .Learned Counsel appearing for the Appellant states that the taxeffect in the present Appeals is below the limit stipulated in terms ofCircular No.17 of 2019 dated 8 August 2019. It is stated that noinstructions have been received from the Department to withdraw thepresent Appeals. 2In the light of Circular No.17 of 2019, the Appeals are disposed ofas involving low tax effect. 3However, we observe that in case, the Revenue finds for some Chittewan reason that the Appeals were not supposed to have been withdrawn in thelight of the Circular, it would be open to the Revenue to file an applicationseeking restoration of the Appeals to be decided on its own merits.Refund of Court-fees as per rules. (ABHAY AHUJA, J.) (DHIRAJ SINGH THAKUR, J.)