Itta/193/2019 Of Principal Commissioner Of Incometax - I v. Kimidi Surapu Naidu Jute Twine Industries Pvt., Ltd

HON’BLE SRI JUSTICE C. PRAVEEN KUMAR&HON’BLE MS. JUSTICE J. UMA DEVI I.T.T.A. No. 193 of 2019 JUDGMENT:- (per Hon’ble Sri Justice C. Praveen Kumar) The learned Standing Counsel for the Income-Tax Department would submit that in terms of the Central Board Direct Taxes Circular No.17 of 2019, dated 08.08.2019, all appeals where the tax effect is below Rs.1,00,00,000/- are required to be withdrawn and as the value of the present appeal is less than Rs.1,00,00,000/-, the appellant may be permitted to withdraw the appeal. The learned counsel would further submit that liberty may be granted in case it were to be found later that the subject matter of the appeal falls within the exceptions mentioned in the Circular issued by the Central Board to file an application for restoration of the appeal. Accordingly, the appeal is dismissed as withdrawn with the liberty aforestated. There shall be no order as to costs. As a sequel, Miscellaneous Petitions, if any pending, shall disposed of as infructuous. ____________________ C. PRAVEEN KUMAR, J 06.11.2019 __________________ J. UMA DEVI, J bcj bcj HONOURABLE SRI JUSTICE C.PRAVEEN KUMAR & HONOURABLE MS. JUSTICE J. UMA DEVI I.T.T.A. No. 193 of 2019 06.11.2019