Pr Commissioner of Income Tax Central 4 v. Lodha Estate P Ltd.
Case brief
What is this about?
Income Tax Appeal No.990 of 2024, High Court of Judicature at Bombay (Ordinary Original Civil Jurisdiction), decision date 13th October 2025; Coram G. S. Kulkarni and Aarti Sathe, JJ. Appellant: Principal Commissioner of Income Tax Central 4 (counsel Mr.Suresh Kumar); Respondent: Lodha Estate Pvt. Ltd. The appeal was withdrawn on the ground of tax effect of Rs.1,19,40,589/- (Rs. 11940589) in view of CBDT Circular No.9/2024 dated 17th September 2024; appeal disposed of, no costs, refund of court fees as per rules; questions of law expressly kept open. Relevant to searches on withdrawal of income tax appeals under CBDT monetary-limit circulars.
What did the court decide?
Leave to withdraw the appeal granted; appeal disposed of with refund of court fees as per rules; no costs; questions of law expressly kept open. ¶12