Commissioner Of Income Tax-2 v. L And T Finance Ltd.

910. ITXA 1877-14 & 1876-14.doc Chittewan

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1877 OF 2014 WITH INCOME TAX APPEAL NO.1876 OF 2014 Commissioner of Income Tax-2, Aayakar Bhavan, M.K. Road, Mumbai-400 020 ...

Appellant

Versus

L & T Finance Ltd.

L.T. House, N.M. Marg, Ballard Estate, Mumbai-400 038 PAN: AAACL8668G ...

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 Appeals 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 Appeals.

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

However, we observe that in case, the Revenue finds for some 1/2

910. ITXA 1877-14 & 1876-14.doc Chittewan reason that the Appeals were not supposed to have been withdrawn in the light of the Circular, it would be open to the Revenue to file an application seeking restoration of the Appeals to be decided on its own merits.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 12:18:30 +0530 2/2