Assistant Commissioner Of Income Tax -1(2) v. M/S Radius Corporation Ltd.

NAFR HIGH COURT OF CHHATTISGARH, BILASPUR TAXC No. 52 of 2019 • Assistant Commissioner of Income Tax-1(2) Raipur (C.G.) ---- Appellant

Versus

• M/s Radius Corporation Ltd., 57/58, Vardhman Nagar, Rajnandgaon (C.G.) ---- Respondent For Appellant :

Shri Amit Chaudhary and Ms. Naushina Afrin, Advocates. Hon'ble Shri P. R. Ramachandra Menon, Chief Justice Hon'ble Shri Justice Parth Prateem Sahu, Judge Judgment on Board Per P. R. Ramachandra Menon, Chief Justice 09.09.2019 1.

This appeal has been preferred by the Revenue, on being aggrieved by the verdict passed by the Income Tax Appellate Tribunal, Raipur Bench, Raipur (for short, 'ITAT') in ITA No. 198/RPR/2011 raising/suggesting various questions as involving substantial questions of law under Section 260-A of the Income Tax Act, 1961.

2.

Today, when the matter came up for consideration, the learned standing counsel for the Appellant submits that by virtue of the change of litigation policy notified by the Government as per the Circular bearing No. 17 of 2019 dated 08.08.2019, the amount in dispute does not cross the hurdle of minimum benchmark and in the said circumstance, the above appeal is sought to be withdrawn.

3.

In the said circumstances, permission is granted. This appeal is dismissed as withdrawn.

Sd/- Sd/- (P. R. Ramachandra Menon) (Parth Prateem Sahu) Chief Justice Judge Brijmohan