Pr. Commissioner Of Income Tax-2 v. Tml Drivelines Ltd. (Successor To H V Transmion Ltd.)

917. ITXA 1847-19.doc Chittewan

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1847 OF 2019 Pr. Commissioner of Income Tax-2, Aaykar Bhavan, M.K. Road, Mumbai-400 020 ...

Appellant

Versus

TML Drivelines Ltd.

(Successor to H V Transmi on Ltd.), 3rd Floor, Nanavati Mahalaya, 18, Homi Modi Street, Hutatma Chowk, Mumbai-400 001 PAN :AAACH7625P ...

Respondent *** Mr. Suresh Kumar for the Appellant.

Mr. Atul K. Jasani for the Respondent.

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

DATE : 12 AUGUST 2022 P. C. :

.

Learned Counsel appearing 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However, we observe that in case, the Revenue finds for some reason that the Appeal was not supposed to have been withdrawn in the 1/2

917. ITXA 1847-19.doc Chittewan 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. Refund of Court-fees as per rules.

(ABHAY AHUJA, J.) (DHIRAJ SINGH THAKUR, J.) RAJESH VASANT CHITTEWAN RAJESH VASANT CHITTEWAN Date: 2022.08.17 11:47:33 +0530 2/2