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Bombay High CourtITXA/1146/2008disposed off

The Commissioner Ofincome-Tax,Central -1,Mum v. Ms/ Ajmera Water N Amusement Park Pvt Ltd

2017-06-14Hon'Ble Shri Justice S.V. Gangapurwala,Hon'Ble Shri Justice G. S. Kulkarni1 pages

1146-08-ITXA=.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 1146 OF 2008 The Commissioner of Income Tax .. Appellant v/s.

M/s. Ajmera Water N. Amusement Park Pvt. Ltd.

.. Respondent Mr. Suresh Kumar i/b Ms. Anamika Malhotra for the appellant Ms. Vasanti B. Patel 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 1996-97. 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The appeal stands disposed of as withdrawn.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. 5.

The Court Fees as per Rules, be refunded.

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