The Commissioner Of Income Tax -I, Nashik v. Ita

FARAD CONTINUATION SHEET NO. IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE, BENCH AT AURANGABAD ______________________________________________________ INCOME TAX APPEAL NO.23 OF 2015 THE COMMISSIONER OF INCOME TAX -I, NASHIKVERSUS Smt. Shilpa Suhas Wani (Kele) ... Advocate for Appellant : Mr.Sharma Alok M. AGP for Respondents: ... CORAM : S.S. SHINDE & P.R. BORA, JJ. Dated: FEBRUARY 26, 2016 … Learned Counsel appearing for the appellant has placed on record a communication dated 18.12.2015 received from the Office of the Commissioner of Income Tax (Judicial), Pune. The same is taken on record and marked as “X” for identification purpose. 2The learned Counsel for the appellant submitted that, since a policy decision has been taken by the Income Tax Department, that appeal shall not be filed in the High Court in the cases having monetary stakes below Rs.20,00,000/- and since the said decision has been made applicable kadam/ retrospectively, the appellant shall be permitted to withdraw the present appeal by reserving their rights to agitate the legal issues and objections raised in the present appeal in appropriate cases. 3In view of the submissions so made, the appellant is permitted to withdraw the present appeal with liberty as prayed for. Appeal stands dismissed as withdrawn. (P.R. BORA, J) (S.S. SHINDE, J)