The Commissioner Of Income-Tax-2 v. M/S Landt Finance Limited

919-itxa-1670-2014+.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 1670 OF 2014 The Commissioner of Income Tax-2, Mumbai R.No. 384, Aayakar Bhavan, M.K. Road, Mumbai 400 020.

.. Appellant Vs.

M/s. L & T. Finance Limited, L & T House, N.M. Marg, Ballard Estate, Mumbai - 400 021 .... Respondent WITH INCOME TAX APPEAL NO. 1625 OF 2014 Digitally signed by SHRADDHA KAMLESH TALEKAR Date:

2022.08.12 19:07:24 +0530 SHRADDHA KAMLESH TALEKAR R.No. 384, Aayakar Bhavan, M.K. Road, Mumbai 400 020.

.. Appellant Vs.

M/s. L & T. Finance Limited, L & T House, N.M. Marg, Ballard Estate, Mumbai - 400 021 .. Respondent **** Mr.P.C. Chhotaray for appellant.

Mr.Atul K. Jasani for respondent.

**** CORAM : DHIRAJ SINGH THAKUR AND ABHAY AHUJA, JJ.

DATE : 10th AUGUST 2022 PC :

1.

Learned counsel for the appellants state that the tax effect in the present Appeals is below the limit stipulated in terms of Circular No. 17 of 2019, dated 8th August, 2019. It is stated that no instructions have been received from the Department to withdraw the present Appeals.

Shraddha Talekar, PS 1/2

919-itxa-1670-2014+.doc 2.

In the light of Circular No. 17 of 2019, the Appeals are disposed of as involving low tax effect.

3.

However, we observe that in case, the Revenue fnds for some reason that the Appeals were not supposed to have been withdrawn in the light of the Circular, it would be open to the Revenue to fle an applications, seeking restoration of the Appeal, to be decided on its own merits. Refund of Court-fees as per rules. [ABHAY AHUJA, J.] [DHIRAJ SINGH THAKUR, J.] Shraddha Talekar, PS 2/2