In Ita/70/2016 Of The Commissioner Of Income Tax-I v. M/S. Jyoti Food And Protein, the High Court (2016) decided the matter.
Decision: In view of the above submission made by the appellant’s lawyer, the Appeal is disposed of as not pressed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
ITA 70/2016
BEFORE
HON’BLE MR. JUSTICE HRISHIKESH ROYHON’BLE MR. JUSTICE NELSON SAILO[Hrishikesh Roy, J.]
This Appeal is filed under Section 260(A) of the Income Tax, 1961 by theCIT to challenge the verdict of the Income Tax Appellate Tribunal. However Mr. S. Sharma, the learned Standing Counsel for the Income Tax Department refers to the Circular No.21/2015 dated 10.12.2015 to submit that since the taxable amountin the present case is less than Rs.20 lakh, the appellant is under instructionto withdraw the Appeal.
In view of the above submission made by the appellant’s lawyer, the Appeal is disposed of as not pressed.
The concerned copy of the Circular No.21/2015 dated 10.12.2015 be kept in the case record.
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