The Commissioner Of Income Tax (Central) v. M/S Atlas Builders Ltd.,

HONOURABLE SRI JUSTICE M.S.RAMACHANDRA RAO AND HONOURABLE SRI JUSTICE K.LAKSHMAN I.T.T.A. NO.284 OF 2011

JUDGMENT

(Per Honourable Sri Justice M.S.Ramachandra Rao) Heard Sri J.V.Prasad, learned senior standing counsel for the appellant, and Dr. C.P.Narasimham, learned counsel for the respondent. 2.

Sri J.V.Prasad, learned senior standing counsel for the appellantRevenue, states that this appeal no longer survives for consideration in view of the fact that the tax/duty effect is less than the monetary limit fixed by the Central Board of Direct Taxes, Ministry of Finance, Government of India, vide Circular No.17 of 2019 dated 08.08.2019 and Circular No.23 of 2019 dated 06.09.2019. Liberty is however sought by the learned senior standing counsel for restoration of the appeal in the event any of the exceptions have application. 3.

Recording the said statement, the appeal is dismissed as withdrawn with the liberty aforestated. Pending miscellaneous petitions, if any, shall also stand dismissed. No order as to costs. ____________________________ M.S.RAMACHANDRA RAO, J _________________ K. LAKSHMAN, J 24th OCTOBER, 2019 Svv