Pr. Commissioner Of Income Tax-19 v. In The Light Of Circular

Chittewan IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.452 OF 2018 Pr. Commissioner of Income Tax-19 …Appellant Versus P.B. Metal Corporation …Respondent *** Mr. Ashok Kotangle a/w Mr. P.A. Narayanan, Mr. Ajay V. Anand and Ms.Raveen Kaur for the Appellant. *** CORAM :DHIRAJ SINGH THAKUR &VALMIKI SA MENEZES, JJ. P. C. : DATE : 21 JULY 2022 . Learned Counsel for the Appellant states that the tax effect in thepresent Appeal is below the limit stipulated in terms of Circular No.17 of2019 dated 8 August 2019. It is stated that no instructions have beenreceived from the Department to withdraw the present Appeal. 2In the light of Circular No.17 of 2019, the Appeal is disposed of asinvolving low tax effect. 3However, we observe that in case, the Revenue finds for somereason that the Appeal was not supposed to have been withdrawn in thelight of the Circular, it would be open to the Revenue to file an applicationseeking restoration of the Appeal to be decided on its own merits. (VALMIKI SA MENEZES, J.) (DHIRAJ SINGH THAKUR, J.) RAJESHDigitally signed byRAJESH VASANTVASANTCHITTEWANDate: 2022.07.22 10:28:20CHITTEWAN+0530