Pr. Commissioner of Income TAX-4 v. Lodha Construction Pvt. Ltd.
Case brief
What is this about?
Batch withdrawal/disposal of income tax appeals; lead matter ITA No. 147 of 2008; appellant: Commissioner of Income Tax-3, Mumbai; respondent: M/s Reliance Industries Ltd.; Bombay High Court, Ordinary Original Civil Jurisdiction; Coram: M. S. Sonak & Jitendra Jain, JJ.; decided 5 February 2025. Ground: tax effect less than Rs. 2 crores; no exception under CBDT Circular No. 05/2024 dated 15 March 2024 or CBDT Circular No. 09/2024 dated 17 September 2024. Disposal: leave to withdraw granted; appeals disposed of as withdrawn; interim applications disposed of; questions of law kept open (not adjudicated); refund of court fees as per rules; liberty to apply before 31 December 2025 if circulars not applicable; specified excluded appeals to have separate orders; no costs.
What did the court decide?
Leave granted to the Appellant (Revenue) to withdraw the appeals; appeals disposed of as withdrawn; interim applications disposed of; questions of law kept open; refund of court fees as per rules; liberty reserved to apply before 31 December 2025 if the CBDT circulars did not cover an appeal; excluded appeals (paragraph 1 list) to have separate orders; no costs.