Itxa/646/2015 Of Principal Commissioner Of Income Tax 15 Mumbai v. Sanjay Badani

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTIONINCOME TAX APPEAL NO. 646 OF 2015 The Principal Commissioner of Income Tax-15 Mumbai .. Appellant v/s. Sanjay Badani .. Respondent Mr. Arvind Pinto for the appellant Mr. Rohan Deshpande i/b Mr. Mihir C. Naniwadekar for the respondent CORAM : S.V. GANGAPURWALA & A.M. BADAR, J.J. DATED : 1[st] AUGUST, 2017 P.C. 1.This appeal relates to Assessment Year 2008-09. 2.The learned Counsel for the appellant submits that the tax effect involved in the present appeal is less than Rs.20 lakhs and as per the CBDT Circular No.21 of 2015 dated 10[th] December, 2015, the department has taken a policy decision not to prosecute the appeals wherein the tax effect is less than Rs.20 lakhs. 3.In view of the above, the learned Counsel for the appellant seeks leave to withdraw the appeal. 4.The appeal stands disposed of as withdrawn. No costs. 5.The Court Fees as per Rules, be refunded. (A.M. BADAR, J.) (S.V. GANGAPURWALA, J.)