Itxa/501/2015 Of Commissioner Of Income Tax-20 v. M/S. Air Pac Exports

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDITION INCOME TAX APPEAL NO.453 OF 2015WITHINCOME TAX APPEAL NO.501 OF 2015 The Commissioner of Income-Tax-20...AppellantV/s.M/s.AIR Pac Exports ...Respondent ..... Mr.N.C.Mohanty, Advocate for the Appellant. Ms.Harsha Matta I/by Vipul Joshi, Advocate for the Respondent..... CORAM :S.V.GANGAPURWALA &A.M.BADAR JJ. DATED :18[th] July 2017. P.C. 1The present Appeals are for the Assessment year 2002-03 and 2001-02. In both these appeals, the tax effect is less thanRs.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 The learned counsel for the Appellant seeksleave to withdraw the Appeal. 3 The Appeals are disposed of as withdrawn. No costs. 4Court fees as per rules be refunded. ( A.M.BADAR J.) ( S.V.GANGAPURWALA J.)