In Itxa/1594/2017 Of The Pr. Commissioner Of Income Tax-12 v. Hathway Investments Private Limited, 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. 1594 OF 2017
The Pr. Commissioner of Income Tax-12… AppellantV/s.
Hathway Investments Pvt. Ltd.... Respondent
Mr. Sham Walve for the Appellant
Mr. Bharat Damodar i/b. Kanga & Co. for the Respondent.
CORAM : NITIN JAMDAR &
M.S. KARNIK, JJ.
P.C.:-
DATE : 9 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 by JyotiJyotiP. PawarP.Date:2020.01.13Pawar17:45:49+0530
NITIN JAMDAR, J.
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