Pr. Commissioner Of Income Tax Jammu v. M/S Jyoti Ltd

IN THE HIGH COURT OF JAMMU & KASHMIR AND LADAKHAT SRINAGAR ITA No. 2/2017 C/w ITA No. 3/2017, ITA No. 4/2017, ITA No. 5/2017, ITA No. 6/2017, ITA No. 7/2017, ITA No. 8/2017 & ITA No. 9/2017 …Appellant/Petitioner(s) Pr. Commissioner of Income Tax Jammu Through: Mr. Umar Rashid Wani, Advocate Vs. M/s Jyoti Ltd. ...Respondent(s) Through: Mr. Mohammad Amin Bhat, Advocate Mr. Muzamil Yousuf, Advocate CORAM: HON’BLE MS JUSTICE SINDHU SHARMA, JUDGE HON’BLE MR JUSTICE SHAHZAD AZEEM, JUDGE O R D E R 25.09.2025 Mr. Umar Rashid Wani, learned counsel for appellant submits that the tax effect in these appeals is less than 2 Crores, thus, in terms of para 2 of the Circular dated 17[th] September 2024, the Respondent-Income Department wants to withdraw these appeals. Para 2 of the Circular is reproduced as under:- As a step towards management of litigation, it has been decided by the Board to revise the monetary limits for filing of appeals in Income-Tax cases as stated in Para 4.1 of the aforementioned Circular as follows: In view of aforesaid facts and circumstances, all the appeals are dismissed as withdrawn. Interim directions, if any, shall stand vacated. (SHAHZAD AZEEM) (SINDHU SHARMA) JUDGE JUDGE