Pr Commissioner Of Income Tax Central 2 v. Yogesh P Thakkar

441-ITXA-733-2024.DOCX by PALLAVI MAHENDRA WARGAONKAR Date:

2025.10.21 14:15:12 +0530 PALLAVI MAHENDRA WARGAONKAR Pallavi

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL(IT) NO. 733 OF 2024 Pr Commissioner Of Income Tax Central 2 ...Appellant

Versus

Yogesh P Thakkar

...Respondent

______________________________________________________ Mr. N.C. Mohanty, for Appellant.

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

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

Mr. Mohanty, learned counsel for the Appellant reports no instructions. However, the tax effect is less than Rs.2 Crores. No exceptions are pointed out.

2.

Accordingly, we grant leave and dispose of all these Appeals as withdrawn by leaving the questions of law raised therein open.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 Appeal fell within 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.)