Pr. Commissioner Of Income Tax Central 3 v. Vvf Ltd.

27. ITXA 467-18.doc Chittewan

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.467 OF 2018 Pr. Commissioner of Income Tax, Central-3 ...

Appellant

Versus

VVF Limited ...

Respondent *** Mr. A.K. Saxena for the Appellant.

Mr. Madhur Agrawal a/w Mr. Upendra Lokegaonkar i/b Mint & Confreres for the Respondent.

*** CORAM : DHIRAJ SINGH THAKUR & VALMIKI SA MENEZES, JJ.

DATE : 21 JULY 2022 P. C. :

.

Learned Counsel for the Appellant states that the tax effect in the present Appeal is below the limit stipulated in terms of Circular No.17 of 2019 dated 8 August 2019. It is stated that no instructions have been received from the Department to withdraw the present Appeal. In the light of Circular No.17 of 2019, the Appeal is disposed of as involving low tax effect.

However, we observe that in case, the Revenue finds for some reason that the Appeal was not supposed to have been withdrawn in the light of the Circular, it would be open to the Revenue to file an application seeking restoration of the Appeal to be decided on its own merits. (VALMIKI SA MENEZES, J.) (DHIRAJ SINGH THAKUR, J.) RAJESH VASANT CHITTEWAN Date: 2022.07.22 10:23:59 +0530 1/1 RAJESH VASANT CHITTEWAN