Pr. Commissioner Of Income Tax-8, Mumbai v. Voltas Ltd.

12. os itxa 1724-17.doc R.M. AMBERKAR (Private Secretary)

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

O.O.C.J.

INCOME TAX APPEAL NO. 1724 OF 2017 Pr. Commissioner of Income Tax-8, Mumbai ..

Appellant

Versus

M/s. Voltas Ltd ..

Respondent ...................

 Mr. Sham Walve a/w Mr. Pritesh Chatterjee for the Appellant  Ms. Jasmin Amalsadvala a/w Mr. Nishant Thakkar and Rajesh Poojary i/by Mulla & Mulla for the Respondent ...................

CORAM : UJJAL BHUYAN & MILIND N. JADHAV, JJ.

DATE : JANUARY 29, 2020.

P.C.:

1.

Heard Mr. Sham Walve, learned standing counsel, revenue for the appellant and Ms. Jasmin Amaladvala, learned counsel for the respondent - assessee. 2.

On 15.1.2020, following order was passed:- "

The learned counsel for the respondent pointed out that in the order giving effect to the decision of the Tribunal relief granted by the Tribunal has been mentioned and if the tax effect is so calculated comes below one crore. Learned counsel for the appellant seeks time to take instructions.

Stand over to 29 January 2020."

12. os itxa 1724-17.doc 3.

Today, when the matter is called upon, Mr. Walve submits that he has received written instructions from Pr. Commissioner of Income Tax -8, Mumbai dated 27.1.2020 to withdraw the appeal as the tax effect involved is below the prescribed monetary limit as per CBDT Circular No. 17/2019 dated 8.8.2019.

4.

In that view of the matter, the appeal is disposed of as withdrawn.

5.

Refund of court fees as per rules.

[ MILIND N. JADHAV, J. ] [ UJJAL BHUYAN, J. ] Digitally signed by Ravindra M.

Amberkar Date:

2020.01.30 15:41:30 +0530 Ravindra M.

Amberkar