The Principal Commissioner Of Income Tax-1 v. Radheshyam B. Agrawal

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

BENCH AT AURANGABAD INCOME TAX APPEAL NO. 75 OF 2015 (The Principal Commissioner of Income Tax-1, Nasik Vs. Radheshyam B. Agrawal) ---- Mr. D.V. Soman, Advocate for the appellant ---- CORAM :

S.S. SHINDE AND SANGITRAO S. PATIL, JJ.

DATE : 18th JULY, 2016 PER COURT :

The learned counsel appearing for the appellant, on instructions, seeks withdrawal of the present appeal.

2.

Mr. D.V. Soman, learned counsel for the appellant submits that since a policy decision has been taken by the Central Excise, Customs and Service Tax Department that the appeal shall not be filed in the High Court in the cases having monetary stakes below Rs.15,00,000/- and since the said decision has been made applicable retrospectively, the appellant may be permitted to withdraw the present appeal by reserving their rights to agitate the legal issues and objections raised in the present appeal in appropriate cases.

ita75-2015 3.

In view of the submissions made on behalf of the appellant, the learned counsel for the appellant is permitted to withdraw the present appeal with liberty as prayed for. The appeal stands dismissed as withdrawn. [SANGITRAO S. PATIL] [S.S. SHINDE] JUDGE JUDGE npj/ita75-2015