The High Court of Judicature at Bombay dismissed an income tax appeal as withdrawn by the respondent, accepting that the claim was below the monetary limits for withdrawal as per the relevant circular.
The appeal was dismissed as withdrawn by the respondent.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
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Digitally signed by PURTI PURTI PRASAD PRASAD PARAB PARAB Date: 2021.12.17 11:34:17 +0530
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 2024 OF 2017
Pr. Commissioner of Income Tax-10
….Appellant
V/s.
Indofil Industries Limited…Respondent
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Mr. Akhileshwar Sharma for Appellant.
Mr. Harsh Kapadia i/b Mr. Balasaheb Yewale for Respondent.
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CORAM : K.R. SHRIRAM &
AMIT B. BORKAR, JJ.
DATED : 15th DECEMBER 2021
P.C. :
1.In paragraph no.11.1 of the appeal it is mentioned that the
disputed claim in the appeal is valued at Rs.53.99 Lakhs.
2.Mr. Sharma states that though he does not have written
instructions to withdraw the appeal, since the same is below the monetary
limits specified in Circular No.17/2019 dated 8th August, 2019, the court
may still dismiss the appeal as withdrawn.
3.Appeal accordingly dismissed as withdrawn.
(AMIT B. BORKAR, J.)
(K.R. SHRIRAM, J.)
Purti Parab
Pr. Commissioner of Income Tax-10
Indofil Industries Limited
K.R. Shriram
Amit B. Borkar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court