Itxa/2736/2009 Of The Commissioner Of Income Tax -1 Mumbai v. M/S. Mahyco Vegetable Seeds Ltd

PRIYARAJESHSOPARKAR Digitally signed byPRIYA RAJESHSOPARKARDate: 2022.08.2214:20:25 +0530 Priya Soparkar IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.2736 OF 2009AND INCOME TAX APPEAL NO.2090 OF 2009 Commissioner of Income Tax-1, Mumbai. … Appellant V/s. M/s Mahyco Vegetable Seeds Limited … Respondent --- Mr.Suresh Kumar, Advocate for the Appellant.Mr.Subhash S. Shetty, Advocate for the Respondent. --- CORAM : DHIRAJ SINGH THAKUR AND ABHAY AHUJA, JJ. DATE : AUGUST 22, 2022. P.C.:- 1. Learned counsel for the appellant states that the tax effect in thepresent appeals is below the limit stipulated in terms of Circular No.17 of2019 dated 8[th] August, 2019. It is stated that no instructions have beenreceived from the Department to withdraw the present appeals. 2. In the light of Circular No.17 of 2019, the appeals are disposed of asinvolving low tax effect. 3. However, we observe that in case, the Revenue finds for some reasonthat the appeals were not supposed to have been withdrawn in the light ofthe Circular, it would be open to the Revenue to file an application/praecipeseeking restoration of the appeals to be decided on its own merits. 4.Refund of Court-fees as per rules. (ABHAY AHUJA, J.) (DHIRAJ SINGH THAKUR, J.)