Pr Commissioner Of Income Tax Central 2 v. Nitin Popatlal Thakkar

438-440-ITXA-727-2024.DOCX by PALLAVI MAHENDRA WARGAONKAR Date:

2025.10.21 14:15:11 +0530 PALLAVI MAHENDRA WARGAONKAR Pallavi

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL(IT) NO. 727 OF 2024 Pr Commissioner of Income Tax Central 2 ...Appellant

Versus

Nitin Popatlal Thakkar

...Respondent

WITH INCOME TAX APPEAL(IT) NO. 733 OF 2024 Pr Commissioner of Income Tax Central 2 ...Appellant

Versus

Yogesh P. Thakkar

...Respondent

______________________________________________________ None for Appellant.

Mr. Atul K. Jasani, for the Respondent in both matters. ______________________________________________________ CORAM : M.S. Sonak & Advait M. Sethna, JJ.

DATED : 16 October 2025 P.C.:- 1.

None for the Appellant.

2.

The tax effect is less than Rs.2 Crores. No exception is pointed out to us. Accordingly, we dispose of this Appeal as withdrawn by leaving the questions of law raised therein open.

3.

If in future, the Appellant realises that the Tax effect was greater than Rs.2 Crores or that the Appeals fall within

438-440-ITXA-727-2024.DOCX any of the excepted categories, they shall have the liberty to apply for revival/restoration. This is provided such application is made within a reasonable period i.e. on or before 31 January 2026.

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