Pr Commissioner Of Income Tax 3 Mumbai v. Softdel Systems Pvt Ltd Ay 2011-12 Pan Aaecs0576q

915-ITXA 295-24.DOC Digitally signed by PRASHANT VILAS RANE Date:

2024.10.09 12:54:51 +0530 PRASHANT VILAS RANE Prajakta Vartak

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 295 OF 2024 Pr. Commissioner of Income Tax 3 Mumbai ...Appellant Vs.

Softdel Systems Pvt. Ltd.

...Respondent

_________ Mr. Akhileshwar Sharma for Appellant.

__________

CORAM:

G. S. KULKARNI & SOMASEKHAR SUNDARESAN, JJ.

DATE:

03 OCTOBER 2024.

P.C.

1.

Mr. Sharma, learned counsel for the appellant/revenue has fairly pointed out that the revenue would withdraw the appeal in the light of the Circular dated 17 September, 2024 issued by the Central Board of Direct Taxes, considering that the tax effect involved in the present proceeding is Rs.1,52,00,556/-.

2.

In the event, the tax effect as involved is not within the parameters of the Circular dated 17 September, 2024, liberty to revive this appeal. 3.

Accordingly, allowed to be withdrawn with liberty. 4.

All questions of law are kept open.

5.

Disposed of.

6.

Refund of Court Fees as per rules.

(SOMASEKHAR SUNDARESAN, J.) (G. S. KULKARNI , J.) 03 October 2024