The Director Of Income Tax-(Exepm) v. M/S. Sri Shanmukhananda Fine Arts And Sangeetha Sabha

27-ITXA-188-2015.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.188 OF 2015 THE DIRECTOR OF INCOME TAX ) (EXEMPTION) )...APPELLANT V/s.

M/S.SRI SHANMUKHANANDA FINE ARTS ) AND SANGEETHA SABHA )...RESPONDENT Mr.Suresh Kumar a/w. Ms.Samiksha Kanani, Advocate for the Appellant.

Mr.A.K.Jasani, Advocate for the Respondent.

CORAM

:

S.V.GANGAPURWALA & A. M. BADAR, JJ.

DATE :

31st JULY 2017 P.C. :

This appeal relates to the Assessment Year 2009-2010. In this appeal, it is submitted that the tax effect is less than Rs.20 lakh.

In light of the above, and in view of CBDT Circular No.21 of 2015, dated 10th December 2015, the department has avk 1/2

27-ITXA-188-2015.doc taken policy decision not to prosecute the appeals where the tax effect is less than Rs.20 lakh. The learned counsel for the appellant seeks leave to withdraw the appeal. The appeal is disposed of as withdrawn. No costs. Court fees as per Rules be refunded.

(A. M. BADAR, J.) (S.V.GANGAPURWALA), J.) avk 2/2