C/TAXAP/200/2015 ORDER IN HIGH COURT OF GUJARAT AT AHMEDABAD R/TAX APPEAL NO. 200 of 2015 COMMISSIONER OF INCOME TAX I Versus FACETS POLISHING WORKS PVT LTD Appearance: MRS KALPANAK RAVAL(1046) 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 : 14/10/2019 ORAL ORDER (PER : HONOURABLE MS.JUSTICE HARSHA DEVANI) 1. Heard Mrs.Kalpana K. Raval, learned senior standing counsel for appellant and Mr.Tushar P. Hemani, learned senior counsel with Ms.Vaibhavi K. Parikh, learned advocate for respondent. 2. Mrs.Kalpana K. Raval, learned senior standing counsel for appellant, has stated that tax effect involved in this appeal is 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 that no appeal wherein tax effect does not Page 1 of 2 Downloaded on : Wed Oct 16 15:27:46 IST 2019 C/TAXAP/200/2015 ORDER 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 appeal. 3. appeal is, 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. (HARSHA DEVANI, J) (SANGEETA K. VISHEN,J) RAVI P. PATEL Page 2 of 2 Downloaded on : Wed Oct 16 15:27:46 IST 2019 Commissioner of Income-tax I v. Facets Polishing Works Pvt. Ltd