The Pr. Commissioner Of Income Tax- 17 v. Hussein Ismail Dawoodani

1. os itxa 1619-17.doc R.M. AMBERKAR (Private Secretary)

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

O.O.C.J.

INCOME TAX APPEAL NO. 1619 OF 2017 The Pr. Commissioner of Income Tax -17, Mumbai ..

Appellant

Versus

Hussein Ismail Dawoodani ..

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

 Mr. Sham Walve for the Appellant ...................

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

DATE : JANUARY 23, 2020.

P.C.:

1.

Heard Mr. Sham Walve, learned standing counsel, revenue for the appellant.

2.

This appeal under Section 260A of the Income Tax Act, 1961 ("the Act" for short) is directed against the order dated 18.1.2017 passed by the Income Tax Appellate Tribunal, "H" Bench, Mumbai in Income Tax Appeal No. 7466/ M/2014 for the assessment year 2011-12.

1. os itxa 1619-17.doc 3.

In paragraph 13 of the memo of appeal, it is stated that disputed tax effect in the present appeal is Rs. 94,83,721/-. Central Board of Direct Taxes (CBDT), Department of Revenue in Ministry of Finance, Government of India has issued Circular No. 17/2019 dated 8.8.2019 further enhancing monetary limit for filing of appeal before the Income Tax Appellate Tribunal, High Courts and SLPs/appeals before the Supreme Court. As per the said circular, the monetary limit for filing appeal before the High Court has been fixed at Rs. One Crore.

4.

Since the tax effect in the present appeal is below the monetary limit, the appeal is dismissed as withdrawn in view of the aforesaid circular.

5.

Court fees to be refunded as per rules.

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

Amberkar Date:

2020.01.27 11:45:06 +0530 Ravindra M.

Amberkar