Itta/203/2016 Of The Commissioner Of Income Tax v. Shri Chidipotu Sridhar

THE HON’BLE SRI JUSTICE RAMESH RANGANATHANANDTHE HON’BLE SRI JUSTICE SURESH KUMAR KAITI.T.T.A.No.203 of 2016 AND ITTA.MP.NO.343 OF 2015 COMMON ORDER:(per Hon’ble Sri Justice Ramesh Ranganathan) Learned Senior Standing Counsel for Income Tax would submitthat while the demand drafts, for payment of costs, were obtained withintime, there was some delay in handing over the demand drafts becauseof the department’s inability to locate the addresses. The delay indeposit is condoned and the appeal shall be numbered. Learned Senior Standing Counsel for the Income Tax Department,would submit that, in terms of CBDT Circular No.21 of 2015 dated10.12.2015, all appeals, where the tax effect is below Rs.20,00,000/-, arerequired to be withdrawn and, as the value of the present appeal is lessthan Rs.20,00,000/-, the appellant may be permitted to withdraw theappeal. Learned counsel would further submit that liberty may begranted, in case it were to be found later that the subject matter of theappeal falls within the exceptions mentioned in the aforesaid Circularissued by the Central Board, to file an application for restoration of theappeal. Granting liberty as sought for, the miscellaneous petition is allowedand the appeal is dismissed as withdrawn. The miscellaneous petitionspending, if any, shall also stand dismissed. There shall be no order as tocosts. _____________________________ RAMESH RANGANATHAN, J Date:20.04.2016VV ___________________________ SURESH KUMAR KAIT, J THE HON’BLE SRI JUSTICE RAMESH RANGANATHAN AND VV THE HON’BLE SRI JUSTICE SURESH KUMAR KAIT I.T.T.A.No.203 of 2016 Date:20.04.2016