The Principal Commissioner Of Income Tax- (Central) – 4 v. In The Light Of Circular

920-itxa-1863.16.doc Digitally signedby BIPININ THE HIGH COURT OF JUDICATURE AT BOMBAYBIPINDHARMENDERDHARMENDERPRITHIANIPRITHIANIDate:ORDINARY ORIGINAL CIVIL JURISDICTION2022.08.1217:20:40 +0530BIPINDHARMENDERDHARMENDERPRITHIANIPRITHIANIDate:ORDINARY ORIGINAL CIVIL JURISDICTION2022.08.1217:20:40 +0530 INCOME TAX APPEAL NO. 1863 OF 2016 The Principal Commissioner of Income Tax- (Central) – 4 …Appellant Versus M/s. Triumph International Finance India Ltd.…Respondent ****** Mr. Suresh Kumar for the Appellant.Mr. Anil K. Jasani for the Respondent. ****** CORAM: DHIRAJ SINGH THAKUR AND ABHAY AHUJA, JJ. DATE : 11[th] AUGUST, 2022 P.C. :- .Learned Counsel for the Appellant states that the tax effect in thepresent Appeal is below the limit stipulated in terms of Circular No. 17of 2019 dated 8[th] August, 2019. It is stated that no instructions havebeen received from the Department to withdraw the present Appeal. 2.In the light of Circular No. 17 of 2019, the Appeal is disposed ofas involving low tax effect. 3.However, we observe that in case, the Revenue finds for somereason that the Appeal was not supposed to have been withdrawn in thelight of the Circular, it would be open to the Revenue to file anapplication/preceipe seeking restoration of the Appeal to be decided onits own merits. Refund of Court-fees as per rules. [ABHAY AHUJA, J.] [DHIRAJ SINGH THAKUR, J.]