The Principal Commissioner Of Income Tax, Panaji v. M/S. Lift Control (P) Ltd

mukund 1 txa12.16 dt.4.10.18 IN THE HIGH COURT OF BOMBAY AT GOA TAX APPEAL NO.12 OF 2016 The Principal Commissioner of Income Tax, Panaji Versus M/s. Lift Control (P) Ltd., …Appellant ... Respondent Ms. Amira Razaq, Standing Counsel for the Appellant. Coram : N.M. Jamdar & Prithviraj K. Chavan, JJ. Date : 4 October 2018. P.C.: Not on board. Taken on Board, by way of praecipe. inview of the fact that large number of Appeals are listed today toascertain the tax effect. 2.The learned Standing Counsel appearing for theAppellant states that the effect of the CBDT Circular dated 11 July2018 has been examined in respect of this Appeal wherein the taxeffect is below the stipulated limit. The learned Standing Counselstates that the instructions have been received from the Appellant towithdraw the Appeal in view of the Circular. The learned StandingCounsel states that Public Interest Litigation is pending in the Apex mukund 2 txa12.16 dt.4.10.18 Court challenging the Circular dated 11 July 2018 and thewithdrawal be made, subject to the outcome of the Petition.Accordingly, the Appeal is disposed of as withdrawn, subject to theabove. Prithviraj K. Chavan, J.N.M. Jamdar, J.