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High Court for State of TelanganaITTA/250/2012withdrawn

The Commissioner Of Income Tax I v. M/S. Bio-Tech Medicals (P) Ltd.

2016-02-29Ramesh Ranganathan,M.Satyanarayana Murthy1 pages

THE HON'BLE SRI JUSTICE RAMESH RANGANATHAN AND THE HON'BLE SRI JUSTICE M.SATYANARAYANA MURTHY I.T.T.A.No.250 of 2012 ORDER: (per Hon'ble Sri Justice Ramesh Ranganathan) Sri J.V.Prasad, learned Senior Standing Counsel for the Income Tax Department, would submit that in terms of CBDT Circular No.21 of 2015 dated 10.12.2015, all appeals, where the tax effect is below Rs.20,00,000/-, are required to be withdrawn and, as the value of the present appeal is less than Rs.20,00,000/-, the appellant may be permitted to withdraw the appeal.

Permission is accorded and the appeal is dismissed as withdrawn. The miscellaneous petitions pending, if any, shall also stand dismissed. There shall be no order as to costs. _____________________________ RAMESH RANGANATHAN, J ___________________________________ M. SATYANARAYANA MURTHY, J Date: 29.02.2016 v v