1 4 & ..... ITXA 158-2017 and ors. crctd..doc Sequeira IN HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 158 OF 2017 Pr. Commissioner of Income Tax, Central-2 .. Appellant Vs M/s Motilal Oswal Securities Ltd. .. Respondent Along with INCOME TAX APPEAL Nos. 161/2017, 164/2017, 142/2018, 1026/2017, 1709/2018, 2039/2018, 2043/2018, 2044/2018, 2046/2018, 2047/2018, 2048/2018, 2050/2018, 2057/2018, 2074/2018, 2109/2018, 2112/2018, 2148/2018, 2160/2018, 2180/2018, 2182/2018, 2186/2018, 2188/2018, 2190/2018, 2216/2018, 2232/2018, 2233/2018, 2238/2018, 2244/2018, 2265/2018, 2271/2018, 2272/2018, 2280/2018, 2304/2018, 2337/2018, 2338/2018, 2340/2018, 2341/2018, 2355/2018, 2357/2018, 2358/2018, 2361/2018, 2362/2018, 2365/2018, 2366/2018, 2368/2018, 2370/2018, 2376/2018, 2379/2018, 2384/2018, 2392/2018, 2407/2018, 2415/2018, 2424/2018, 2425/2018, 2439/2018, 2465/2018, 2478/2018, 2531/2018, 2534/2018, 2537/2018, 2539/2018, 2541/2018, 2543/2018, 2546/2018, 2559/2018, 2560/2018 and 2509/2018. Mr.Ashok Kotangle, for Appellant in ITXA Nos.158/17, 161/17, 164/17, 142/18, 2365/18, 2407/18 and 2509/18. Mr.Ashok Kotangle with Mr.A.K.Saxena for Appellant in ITXA No.2365/18 and 2407/18. Mr.P.C.Chhotaray, for Appellant in ITXA Nos.1026/17 and 2337/18. Mr.Sham V. Walve, for Appellant in ITXA Nos.1709/18, 2039/18, 2047/18, 2050/18, 2057/18, 2182/18, 2304/18, 2358/18, 2379/18, 2424/18, 2439/18, 2531/18, 2546/18. This order is corrected vide Speaking to Minutes of Order dated 18 October 2019. ::: Uploaded on - 23/10/2019 ::: Downloaded on - 24/10/2019 14:52:36 ::: 2 4 & ..... ITXA 158-2017 and ors. crctd..doc Mr.Suresh Kumar, for Appellant in ITXA Nos.2043/18, 2044/18, 2046/18, 2048/18, 2074/18, 2109/18, 2112/18, 2148/18, 2160/18, 2180/18, 2186/18, 2188/18, 2216/18, 2232/18, 2233/18, 2238/18, 2244/18, 2265/18, 2271/18, 2272/18, 2341/18, 2355/18, 2357/18, 2361/18, 2366/18, 2370/18, 2376/18, 2384/18, 2392/18, 2425/18, 2478/18, 2534/18, 2537/18, 2539/18, 2541/18, 2543/18, 2559/18 and 2560/18. Mr.N.N.Singh, for Appellant in ITXA Nos.2190/18, 2338/18, 2340/18, 2362/18, 2368/18 and 2415/18. Mr.N.C.Mohanty, for Appellant in ITXA Nos.2280/18 and 2465/18. Mr.Jas Sanghavi, for Respondent in ITXA No.2043/18. Ms.Chhaya Ashar i/b K.Ashar & Co., for Respondent in ITXA Nos.2148/18, 2186/18 and 2188/18. Mr.Rahul Hakani, for Respondent in ITXA No.2180/18. Mr.Atul K.Jasani, for Respondent in ITXA Nos.158/17, 161/17, 164/17, 142/18, 2233/18, 2304/18, 2537/18, 2541/18, 2560/18, and 2048/18. Ms.Aasifa Khan and Satish Mody, for Respondent in ITXA No.2244/18. Mr.Dharan Gandhi, for Respondent in ITXA Nos.2271/18 and 2272/18. Ms.Namrata Kasale, for Respondent in ITXA No.2559/18. Ms.Rutuja N.Pawar a/w Mr.S.C.Tiwari, for Respondent in ITXA This order is corrected vide Speaking to Minutes of Order dated 18 October 2019. ::: Uploaded on - 23/10/2019 ::: Downloaded on - 24/10/2019 14:52:36 ::: 3 4 & ..... ITXA 158-2017 and ors. crctd..doc Nos.2039/18 and 2050/18. Mr.Bharat Damodar, for Respondent in ITXA Nos.2057/18 and 2358/18. Mr.Ruturaj H.Gurjar, for Respondent in ITXA No.2337/18. CORAM : M.S.SANKLECHA & NITIN JAMDAR, JJ. Date : 10 October 2019. P.C. : On earlier occasion we had adjourned these Appeals at instance of learned Counsel for Revenue to enable them to take instructions to withdraw these Appeals in terms of Circular No. 17 of 2019 dated 8 August 2019 issued by Central Board for Direct Taxes (CBDT). 2. Today, learned Counsel appearing in support of these Appeals state that in spite of their best efforts, no instructions are forthcoming from Revenue. All of them state that tax effect involved in all these Appeals is less than threshold limit of Rs. 1.00 crore provided in CBDT Circular dated 8 August 2019. 3. In above view, all Appeals are disposed of in terms of above Circular. 4. Refund of Court fees as per Rules. This order is corrected vide Speaking to Minutes of Order dated 18 October 2019. ::: Uploaded on - 23/10/2019 ::: Downloaded on - 24/10/2019 14:52:36 ::: 4 4 &..... ITXA 158-2017 and ors. crctd..doc 5. However, it is made clear that in case Officers of Revenue inform learned Counsel for Revenue that any of these Appeals are not covered by above CBDT Circular dated 8 August 2019, then parties are at liberty to move this Court for recall of this order in respect of those Appeals. (NITIN JAMDAR, J.) (M.S.SANKLECHA, J.) This order is corrected vide Speaking to Minutes of Order dated 18 October 2019. ::: Uploaded on - 23/10/2019 ::: Downloaded on - 24/10/2019 14:52:36 ::: Pr. Commissioner of Income-tax, Central-2 v. Motilal Oswal Securities Ltd