Commissioner Of Income Tax Exemptions Mumbai v. Karuna Medical Society Ay 2016-17

901-ITXA-493-24.DOCX Sayali

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.493 OF 2024 SAYALI DEEPAK UPASANI Pr.Commissioner of Income Tax SAYALI DEEPAK UPASANI Date: 2025.09.19 09:53:22 +0530 Exemptions Mumbai ... Appellant

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Karuna Medical Society AY-2016-17 ... Respondent _______________________________________________________ Mr. Akhileshwar Sharma, for Appellant.

Ms. Arati Vissanji, for Respondent.

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

DATED : 18 September 2025 P.C.:- 1.

Mr. Sharma, learned Counsel for the Appellant , based on instructions, seeks leave to withdraw this Appeal on the ground that the tax effect is less than Rs. 2 Crores. 2.

Accordingly, we permit the withdrawal and dispose of the Appeal as withdrawn , leaving open all the questions of law raised in the Appeal.

901-ITXA-493-24.DOCX 3.

If, at any 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 within a reasonable time, i.e., on or before 31st January 2026.

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