A bench of two judges disposed of an Income Tax Tribunal appeal, granting leave to withdraw it based on the assessee's financial situation falling below new monetary limits set by the CBDT in a July 2024 circular.
Leave granted to withdraw the instant appeal; appeal disposed of as withdrawn.
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HONOURABLE SRI JUSTICE G. NARENDAR
AND
HONOURABLE SMT. JUSTICE KIRANMAYEE MANDAVA
I.T.T.A.No.159 of 2018
JUDGMENT: (per Hon’ble Sri Justice G. Narendar)
Sri Y.N. Vivekananda, learned Senior Standing Counsel for
the Income Tax Department, prays leave of the Court to withdraw the instant appeal, as the same falls below the monetary limits fixed by the Central Board of Direct Taxes vide Circular No.09/2024, F.No.279/Misc./M-74/2024-ITJ dated 17.09.2024. Learned counsel has also filed into Court a copy of the letter dated 15.11.2024 received from the Assistant Commissioner of Income Tax, Circle1(1), Visakhapatnam, which contains instructions to withdraw the appeal for the aforementioned reason.
2. Submission of the learned counsel is placed on record. Leave granted.
3. Accordingly, the instant appeal stands disposed of as withdrawn. As a sequel, pending interlocutory applications, if any, shall stand closed. There shall be no order as to costs.
____________________ JUSTICE G. NARENDAR
_____________________________ JUSTICE KIRANMAYEE MANDAVA
Dt: 25.11.2024 IBL
2
THE HONOURABLE SRI JUSTICE G. NARENDAR
AND
HONOURABLE SMT. JUSTICE KIRANMAYEE MANDAVA
I.T.T.A.No.159 of 2018
Date: 25.11.2024
IBL
G. Narendar
Kiranmayee Mandava
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
