Itta/329/2010 Of The Commissioner Of Income Tax Iii v. Shri G. Vishnu Bhoopal

THE HON’BLE SRI JUSTICE RAMESH RANGANATHANAND THE HON’BLE SRI JUSTICE M.SATYANARAYANA MURTHY I.T.T.A.No.329 of 2010 JUDGMENT:(per Hon’ble Sri Justice Ramesh Ranganathan) Sri B.Narasimha Sarma, learned Senior Standing Counsel for theIncome Tax Department, would submit that, in terms of CBDT Circular No.21of 2015 dated 10.12.2015, all appeals, where the tax effect is belowRs.20,00,000/-, are required to be withdrawn and, as the value of the presentappeal is less than Rs.20,00,000/-, the appellant may be permitted towithdraw the appeal. Learned counsel would further submit that liberty maybe granted, in case it were to be found later that the subject matter of theappeal falls within the exceptions mentioned in the aforesaid Circular issuedby the Central Board, to file an application for restoration of the appeal. Granting liberty as sought for, the appeal is dismissed as withdrawn. The miscellaneous petitions pending, if any, shall also stand dismissed.There shall be no order as to costs. _____________________________ RAMESH RANGANATHAN, J Date:03.06.2016JSU ___________________________________ M. SATYANARAYANA MURTHY, J THE HON’BLE SRI JUSTICE RAMESH RANGANATHANAND THE HON’BLE SRI JUSTICE M.SATYANARAYANA MURTHY JSU I.T.T.A.No.329 of 2010 Date:03.06.2016