Itta/319/2013 Of The Commissioner Of Income Tax - Iv v. M/S. Ushodaya Enterprises

THE HON’BLE SRI JUSTICE RAMESH RANGANATHANANDTHE HON’BLE SRI JUSTICE SURESH KUMAR KAIT I.T.T.A.No.319 of 2013 ORDER:(per Hon’ble Sri Justice Ramesh Ranganathan) 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Circular No.21 of 2015 dated10.12.2015, all appeals, where the tax effect is below Rs.20,00,000/-, arerequired to be withdrawn and, as the value of the present appeal is lessthan Rs.20,00,000/-, the appellant may be permitted to withdraw theappeal.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 appeal is dismissed aswithdrawn. The miscellaneous petitions pending, if any, shall also standdismissed. There shall be no order as to costs. _____________________________ RAMESH RANGANATHAN, J Date:13.04.2016RRB ___________________________ SURESH KUMAR KAIT, J THE HON’BLE SRI JUSTICE RAMESH RANGANATHAN AND THE HON’BLE SRI JUSTICE SURESH KUMAR KAIT RRB I.T.T.A.No.319 of 2013 Date:13.04.2016