The Abhinav Sahakari Bank Ltd v. Gangapurwala Anda. M. Badar, Jj

Shridhar Sutar IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 545 OF 2015 Pr. Commissioner of Income Tax-I, ThaneVersus The Abhinav Sahakari Bank Ltd. … Appellant … Respondent ….. Mrs. Padma Divakar for the Appellant. ….. CORAM :S. V. GANGAPURWALA ANDA. M. BADAR, JJ. DATE :25th JULY, 2017 P. C. : 1This appeal relates to Assessment Year 2009-2010. 2The 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. 3In the light of the above, the learned Counsel for the Appellant seeks leave to withdraw the appeal. 4The Appeal stands disposed of as withdrawn. No costs. 5Needless to state that the question of law raised is kept open. 6The Court Fees as per Rules, be refunded. (A. M. BADAR, J.) (S. V. GANGAPURWALA, J.)