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Bombay High CourtITXA/625/2015disposed off

Pr. Commissioner Of Income Tax-3 v. M/S. Rama Cylinders P Ltd.

2017-08-01Hon'Ble Shri Justice S.V. Gangapurwala,Hon'Ble Shri Justice A.M. Badar2 pages

619-15-ITXA-C-24=.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 619 OF 2015 WITH INCOME TAX APPEAL NOS. 625/2015, 651/2015 AND 669/2015 The Pr. Commissioner of Income Tax-3 .. Appellant v/s.

M/s. Rama Cylinders P. Ltd.

.. Respondent Mr. Suresh Kumar a/w Ms. Samiksha Kanani for the appellant None for the respondent CORAM : S.V. GANGAPURWALA & A.M. BADAR, J.J.

DATED : 1st AUGUST, 2017 P.C.

1.

These appeals relate to Assessment Years 2006-07, 2007-08, 2008-09 and 2009-10.

2.

The learned Counsel for the appellant submits that the tax effect involved in the present appeals 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 Uday S. Jagtap

619-15-ITXA-C-24=.doc seeks leave to withdraw the appeals.

4.

The appeals stand disposed of as withdrawn. No costs. 5.

The Court Fees as per Rules, be refunded.

(A.M. BADAR, J.) (S.V. GANGAPURWALA, J.) Uday S. Jagtap