The Commissioner Of Income Tax-5 v. M/S Essar Properties Ltd

(904)ITXANo.8922015 7IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDITION INCOME TAX APPEAL NO.892 OF 2015 The Commissioner of Income-Tax-5 ...

Appellant V/s.

M/s.Essar Properties Ltd.

...

Respondent .....

Mr.Suresh Kumar a/w. Ms.Samiksha Kanani, Advocate for the Appellant.

Mr.Atul K.Jasani, Advocate for the Respondent. ....

CORAM :

S.V.GANGAPURWALA & A.M.BADAR JJ.

DATED :

28th July 2017.

P.C.

The present Appeal is for the Assessment year 2008-09. In this Appeal, the tax effect is less than Rs.20 Lakhs. In light of the above and in view of the CBDT Circular No.21/2015 dated 10/12/2015, the Department has taken policy decision not to prosecute the appeals where the tax effect is less than Rs.20 Lakhs. The learned counsel for the Appellant seeks leave to withdraw the Appeal.

The Appeal is disposed of as withdrawn. No costs. Court fees as per rules be refunded.

( A.M.BADAR J.) ( S.V.GANGAPURWALA J.) Gaikwad RD 1/1