In Itxa/1566/2017 Of Pr. Commissioner Of Income Tax - 19 v. The Panchratna Co-Op Hsg.soc.ltd, the High Court (2020) decided the matter.
Decision: 2.In the above view, the Appeal is disposed of aswithdrawn.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
JPP
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 1566 OF 2017
The Pr. Commissioner of Income Tax-19… Appellant
V/s.The Panchratna Co-op Hsg. Soc. Ltd.
... Respondent
Mr. Ashok Kotangale for the AppellantMr. Suneet Mohalkar i/b. Ms. Anila Pillai for the Respondent
CORAM : NITIN JAMDAR & M.S. KARNIK, JJ.
P.C.:-
DATE : 09 JANUARY 2020.
The learned Counsel appearing for the Appellant oninstructions seeks leave to withdraw the Appeal. This for the reasonthat the tax effect involved in this Appeal is less than the thresholdlimit of Rs. 1.00 crore provided in the Central Board of Direct Tax(CBDT) Circular No.17 of 2019 dated 8 August 2019.
2.In the above view, the Appeal is disposed of aswithdrawn.
3.Refund of Court fees as per Rules.
M.S. KARNIK, J.
Digitallysigned byJyotiJyoti P. PawarP.Date:2020.01.13Pawar17:46:24+0530
NITIN JAMDAR, J.
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