Pr Commissioner Of Income Tax 2 v. Archway Investment Company Limited

PALLAVI MAHENDRA WARGAONKAR 439-ITXA-335-2025.DOCX PALLAVI MAHENDRA WARGAONKAR Date: 2025.10.10 12:11:21 +0530 Pallavi

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL (IT) NO. 335 OF 2025 Pr Commissioner Of Income Tax 2 ...Appellant

Versus

Archway Investment Company Limited

...Respondent

______________________________________________________ Ms. Samiksha Kanani a/w Ms. Gayatri Naik, for the Appellant. Mr. Atul K. Jasani, for the Respondent.

______________________________________________________ CORAM : M.S. Sonak & Advait M. Sethna, JJ.

DATED : 8 October 2025 P.C.:- 1.

Ms. Samiksha Kanani appears for the Appellant. 2.

The tax effect in this case is less than Rs.2 Crores. Accordingly, we dispose of this appeal on the ground of low tax effect, leaving open all the questions of law raised in the Appeal. 3.

If, at the later stage, it is found that the tax effect is greater than Rs. 2 Crores or that the matter falls within any of the exceptions to the CBDT Circular, liberty is granted to apply for revival/restoration within a reasonable time, i.e., on or before 31 January 2026.

(Advait M. Sethna, J) (M.S. Sonak, J.)