Principal Commissioner Of Income Tax-7 v. M/S Sriram Constructions

THE HON'BLE SRI JUSTI CE SANJAY KUMAR AND THE HON'BLE SRI JUSTI CE K.LAKSHMAN I .T.T.A.Nos.567 OF 2015, 193 OF 2016, 462 OF 2016, 466 OF 2016, 470 OF 2016, 505 OF 2016, 543 OF 2016, 416 OF 2017 and JUDGMENT: (per SK,J) Sri K.Raji Reddy, learned standing counsel for the appellantRevenue, states that these appeals no longer survive 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.17/2019 dated 08.08.2019 and Circular No.23 of 2019 dated 06.09.2019. Liberty is however sought by the learned standing counsel for restoration of the appeals in the event any of the exceptions have application.

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Recording the said statement, these appeals are dismissed as withdrawn with the liberty aforestated. Pending miscellaneous petitions, if any, shall also stand dismissed. No order as to costs. ________________ SANJAY KUMAR,J _____________ K.LAKSHMAN,J Date:18.09.2019 KL