In Itxa/259/2016 Of Pr. Commissioner Of Income Tax-17 v. Shri Vasantraj Birawat, the High Court (2017) decided the matter.
Decision: The Appeals are disposed of as withdrawn.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDITION
INCOME TAX APPEAL NO.259 OF 2016WITHINCOME TAX APPEAL NO.278 OF 2016WITHINCOME TAX APPEAL NO.367 OF 2016
Principal Commissioner of Income-Tax-17…AppellantV/s.Shri.Vasantraj Birawat…Respondent
.....
Mr.Suresh Kumar a/w. Ms.Samiksha Kanani, Advocate for theAppellant.
Mr.Atul K.Jasani, Advocate for the Respondent.
....
CORAM :S.V.GANGAPURWALA &A.M.BADAR JJ.
P.C.
DATED :28[th] July 2017.
1These Appeals pertain to the Assessment years 2004-05, 2005-06 and 2006-07. In these Appeals, the tax effect is lessthan Rs.20 Lakhs.
2In light of the above and in view of the CBDT CircularNo.21/2015 dated 10/12/2015, the Department has taken policydecision not to prosecute the appeals where the tax effect is lessthan Rs.20 Lakhs. The learned counsel for the Appellant seeksleave to withdraw the Appeal.
The Appeals are disposed of as withdrawn. No costs.
4Court fees as per rules be refunded.
( A.M.BADAR J.)
( S.V.GANGAPURWALA J.)
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