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The Principal Commissioner Of Income Tax-1, Nasik v. Radheshyam B. Agrawal

High Court 18 Jul 2016 In favour of: Assessee
Forum / Bench
High Court · hcaurdb
Parties
The Principal Commissioner Of Income Tax-1, Nasik v. Radheshyam B. Agrawal
Date of order
18 Jul 2016
Assessment year(s)
Outcome
Dismissed

Case summary

In The Principal Commissioner Of Income Tax-1, Nasik v. Radheshyam B. Agrawal, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.

Decision: The appeal stands dismissed as withdrawn. [SANGITRAO S.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

BENCH AT AURANGABAD INCOME TAX APPEAL NO. 75 OF 2015 (The Principal Commissioner of Income Tax-1, Nasik Vs.Radheshyam B. Agrawal) ---- Mr. D.V. Soman, Advocate for the appellant ---- CORAM :S.S. SHINDE ANDSANGITRAO S. PATIL, JJ. DATE : 18[th] JULY, 2016 PER COURT: appellant, on instructions, seeks withdrawal of thepresent appeal. 2.Mr. D.V. Soman, learned counsel for the appellant submits that since a policy decision has been taken by the Central Excise, Customs and ServiceTax Department that the appeal shall not be filed in theHigh Court in the cases having monetary stakes belowRs.15,00,000/- and since the said decision has been made applicable retrospectively, the appellant may be permitted to withdraw the present appeal by reservingtheir rights to agitate the legal issues and objectionsraised in the present appeal in appropriate cases. 3. In view of the submissions made on behalf of the appellant, the learned counsel for the appellant ispermitted to withdraw the present appeal with liberty asprayed for. The appeal stands dismissed as withdrawn. [SANGITRAO S. PATIL] JUDGE [S.S. SHINDE] JUDGE npj/ita75-2015
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