Pr Commissioner Of Income Tax 1 Nashik v. Ritesh Sunderlal Shah

443-ITXA-840-2024.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. 840 OF 2024 Pr Commissioner Of Income Tax-1 Nashik ...Appellant

Versus

Ritesh Sunderlal Shah

...Respondent

______________________________________________________ Mr. A.K. Saxena, for Appellant.

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

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

Mr A.K. Saxena, learned counsel for the Appellant reports no instructions. The tax effect is less than Rs.2 Crores. 2.

In terms of the CBDT Circular, this Appeal ought not to be pursued by the Revenue.

3.

Accordingly, we dispose of this Appeal by leaving the questions of law open. However, if the Appellant find that the tax effect is greater than Rs.2 Crores or the Appeal fall within the excepted categories, the Appellant will have liberty to apply for restoration/revival. This is provided applications for restoration/revival are made within reasonable time i.e. on or before 31 January 2026.

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