In The Principal Commissioner Of Income Tax, Ranchi v. Hari Krishna Budhia (Huf, the High Court (2022) dismissed the appeal. The decision went in favour of the assessee.
Decision: In view of the submission made by the learned counsel for the appellant, instant appeal is dismissed as withdrawn.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JHARKHAND AT RANCHI Tax Appeal No. 37 of 2020
The Principal Commissioner of Income Tax, Ranchi --- Appellant
Versus Hari Krishna Budhia (HUF) --- --- Respondent
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CORAM: Hon’ble Mr. Justice Aparesh Kumar Singh Hon’ble Mr. Justice Deepak Roshan
Through: Video Conferencing
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For the Appellant: Ms. Amrita Sinha Advocate
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04 / 06.04.2022 Learned counsel for the Income Tax Department Ms. Amrita Sinha seeks permission to withdraw this appeal on written instruction furnished through mail, since the tax effect of the disputed amount is below the monetary limit for preferring an appeal before this Court in terms of the CBDT Circular No. 3/2018. Let copy of the mail be kept on record.
In view of the submission made by the learned counsel for the appellant, instant appeal is dismissed as withdrawn.
(Aparesh Kumar Singh, J)
Ranjeet/
(Deepak Roshan, J)
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