C/TAXAP/151/2016 ORDER IN HIGH COURT OF GUJARAT AT AHMEDABAD R/TAX APPEAL NO. 151 of 2016 With R/TAX APPEAL NO. 641 of 2016 PR.COMMISSIONER OF INCOME TAX-VADODARA-1 Versus M/S.GUJARAT METAL CAST INDUSTRIES LTD. Appearance: MR.VARUN K.PATEL(3802) for Appellant(s) No. 1 MR TUSHAR P HEMANI(2790) for Opponent(s) No. 1 MS VAIBHAVI K PARIKH(3238) for Opponent(s) No. 1 CORAM: HONOURABLE MS.JUSTICE HARSHA DEVANI and HONOURABLE MS. JUSTICE SANGEETA K. VISHEN Date : 01/10/2019 ORAL ORDER (PER : HONOURABLE MS.JUSTICE HARSHA DEVANI) 1. Heard Mr.Varun K. Patel, learned senior standing counsel for appellant and Mr.Tushar P. Hemani, learned senior advocate with Ms.Vaibhavi K. Parikh, learned advocate for respondent. 2. Mr. Varun K. Patel, learned senior standing counsel for appellant, has stated that tax effect involved in these appeal are less than Rs.1,00,00,000/-. Under circumstances, in light of Circular No.17 of 2019 dated 08.08.2019 issued by Government of India, Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, which provides Page 1 of 2 Downloaded on : Fri Oct 04 10:13:27 IST 2019 C/TAXAP/151/2016 ORDER that no appeal wherein tax effect does not exceed monetary limit of Rs.1,00,00,000/- shall be filed before High Court and which has also been made retrospectively applicable to pending appeals, learned senior standing counsel for appellant does not press present appeals. 3. appeals are, accordingly, disposed of as not pressed in light of Circular dated 08.08.2019. However, in case there is any error in computation of tax effect involved or if, for any reason, Circular is not applicable, it would be open for appellant to seek revival of appeal/s. (HARSHA DEVANI, J) (SANGEETA K. VISHEN,J) RAVI P. PATEL Page 2 of 2 Downloaded on : Fri Oct 04 10:13:27 IST 2019 Pr. Commissioner of Income-tax-Vadodara-1 v. Gujarat Metal Cast Industries Ltd