Pr. Commissioner Of Income Tax-8, Mumbai v. M/S. Voltas Ltd

IN THE HIGH COURT OF JUDICATURE AT BOMBAYO.O.C.J. INCOME TAX APPEAL NO. 1724 OF 2017 Pr. Commissioner of Income Tax-8, Mumbai..Appellant Versus M/s. Voltas Ltd..Respondent ................... Mr. Sham Walve a/w Mr. Pritesh Chatterjee for the Appellant Mr. Sham Walve a/w Mr. Pritesh Chatterjee for the Appellant Ms. Jasmin Amalsadvala a/w Mr. Nishant Thakkar and RajeshPoojary i/by Mulla & Mulla for the Respondent Ms. Jasmin Amalsadvala a/w Mr. Nishant Thakkar and RajeshPoojary i/by Mulla & Mulla for the Respondent ................... CORAM : UJJAL BHUYAN & MILIND N. JADHAV, JJ. DATE : JANUARY 29, 2020. P.C.: 1.Heard Mr. Sham Walve, learned standing counsel,revenue for the appellant and Ms. Jasmin Amaladvala,learned counsel for the respondent - assessee. 2.On 15.1.2020, following order was passed:- " The learned counsel for the respondent pointed out that in theorder giving effect to the decision of the Tribunal relief granted by theTribunal has been mentioned and if the tax effect is so calculatedcomes below one crore. Learned counsel for the appellant seekstime to take instructions.Stand over to 29 January 2020." 3. Today, when the matter is called upon, Mr. Walvesubmits that he has received written instructions from Pr.Commissioner of Income Tax -8, Mumbai dated 27.1.2020 towithdraw the appeal as the tax effect involved is below theprescribed monetary limit as per CBDT Circular No. 17/2019dated 8.8.2019. 4.In that view of the matter, the appeal is disposed of aswithdrawn. withdrawn. 5.Refund of court fees as per rules. [ MILIND N. JADHAV, J. ] [ UJJAL BHUYAN, J. ] Digitallysigned byRavindraRavindra M.AmberkarM.Date:Amberkar2020.01.3015:41:30+0530