Itta/512/2012 Of Commissioner Of Income Tax v. Sri Anup Gupta

THE HON’BLE SRI JUSTICE C.PRAVEEN KUMAR AND THE HON’BLE SRI TARLADA RAJASEKHAR RAO I.T.T.A.No.512 of 2012 ORDER:- ( Per Hon’ble Sri Justice C.Praveen Kumar) The learned Standing Counsel for the Income Tax Department, Smt. M.Kiranmai, would submit that in terms of 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Circular No.17 of 2019, dated 08.08.2019, all appeals where the tax effect is below Rs.1,00,00,000/- are required to be withdrawn, and as the value of the present appeal is less than Rs.1,00,00,000/-, the appellant may be permitted to withdraw the appeal.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 Accordingly, this Appeal is dismissed as withdrawn with the liberty sought for. There shall be no order as to costs of the Appeal. As a sequel, interlocutory applications pending, if any, in this appeal shall stand closed. ______________________________ JUSTICE C.PRAVEEN KUMAR _________________________________________ JUSTICE TARLADA RAJASEKHAR RAO 163 EPS THE HON’BLE SRI JUSTICE C.PRAVEEN KUMAR AND THE HON’BLE SRI JUSTICE TARLADA RAJASEKHAR RAO I.T.T.A.No.512 OF 2012 Date:28-06-2022