Commissioner Of Income Tax-10 v. Godrej And Boyce Mfg.Co.Ltd(Successor To M/S.Lawkim Ltd-Since Merged)

1432-14-itxa-6=.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 1432 OF 2014 Commissioner of Income Tax-10 .. Appellant v/s.

Godrej & Boyce Mfg. Co. Ltd.

.. Respondent Mr. Arvind Pinto for the appellant Mr.Nitesh Joshi a/w Mr. Atul K. Jasani for the respondent CORAM : S.V. GANGAPURWALA & A.M. BADAR, J.J.

DATED : 19th JULY, 2017 P.C.

1.

Mr. Pinto, learned Counsel for the appellant, on instructions, states that the present appeal is filed for Assessment Year 2007-08 and no appeal is filed by the Revenue for Assessment Years 2005-06 and 2006-07.

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 Uday S. Jagtap

1432-14-itxa-6=.doc 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The appeal stands disposed of as withdrawn.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.

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