Pr. Commissioner Of Income Tax -2 v. Tata Investment Corporation Limited

DDR IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL (L) NO. 1444 OF 2019 Pr. Commissioner of Income Tax -2..Appellant vs.Tata Investment Corporation Limited ..Respondent …........ Ms. Vaibhavi Gala i/b. Mr. Charanjeet Chanderpal for appellant.…........ CORAM : NITIN JAMDAR &M.S.KARNIK, JJ. DATE : 13 JANUARY 2020 P.C.:- On the last date, we had adjourned this appeal at theinstance of the learned counsel for the Revenue to takeinstructions to withdraw this appeal in terms of Circular No. 17 of2019 dated 8 August 2019 issued by the Central Board for DirectTaxes (CBDT). 2.Today, the learned Counsel appearing in support ofthe appeal state that in spite of best efforts, no instructions areforthcoming from the Revenue. Learned counsel stated that thetax effect involved in this appeal is less than the threshold limit ofRs. 1.00 crore as provided in the CBDT Circular dated 8 August2019. 3.In the above view, the present appeal is disposed of interms of the above Circular. Refund of Court fees as per Rules. 4.However, it is made clear that in case the Officers ofthe Revenue inform the learned counsel for the Revenue that thisappeal is not covered by the above CBDT Circular dated 8 August2019, then the parties are at liberty to move this Court for recall ofthis order in respect of this appeal. (M.S.KARNIK, J.) (NITIN JAMDAR, J.) Digitallysigned byDikshaDikshaRaneRaneDate:2020.01.1517:07:17+0530