The Commissioner Of Income Tax- Central Iv Mumbai v. M/S. Wmi Cranes Ltd Mumbai

498-09-ITXA=.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 498 OF 2009 WITH NOTICE OF MOTION NO. 3331 OF 2010 IN INCOME TAX APPEAL NO. 498 OF 2009 The Commissioner of Income Tax .. Appellant v/s.

M/s. W M I Cranes Ltd.

.. Respondent Mr. Suresh Kumar for the appellant Mr. Nitesh Naik i/b Dhru and Co. for the respondent CORAM : S.V. GANGAPURWALA & G.S. KULKARNI, J.J.

DATED : 14th JUNE, 2017 P.C.

1.

This appeal relates to Assessment Year 2001-02. 2.

The learned Counsel for the appellant submits that the tax effect involved in the present appeal is less than Rs.20 lakhs and as per the CBDT Circular No.21 of 2015 dated 10th December, 2015, the department has taken a policy decision not to prosecute the appeals wherein the tax effect is less than Rs.20 lakhs. 3.

In view of the above, the learned Counsel for the appellant seeks leave to withdraw the appeal.

4.

The appeal stands disposed of as withdrawn. No costs. Uday S. Jagtap

498-09-ITXA=.doc 5.

The Court Fees as per Rules, be refunded.

6.

In view of disposal of the appeal, nothing survives in the Notice of Motion. Accordingly, the Notice of Motion stands disposed of.

(G.S. KULKARNI, J.) (S.V. GANGAPURWALA, J.) Uday S. Jagtap