Pr. Commissioner of Income-tax Central-2 v. Sudhakar M. Shetty
[Citation -2019-LL-1213-38]
| Citation | 2019-LL-1213-38 |
|---|---|
| Appellant Name | Pr. Commissioner of Income-tax Central-2 |
| Respondent Name | Sudhakar M. Shetty |
| Court | HIGH COURT OF BOMBAY |
| Relevant Act | Income-tax |
| Date of Order | 13/12/2019 |
| Judgment | View Judgment |
| Keyword Tags | tax effect • monetary limit |
| Bot Summary: | P.C. : On the last date, we had adjourned these Appeals at the instance of the learned counsel for the 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 the Central Board for Direct Taxes. Today, the learned counsel appearing in support of the Urmila Ingale 2 43. Doc Appeals state that in spite of their best efforts, no instructions are forthcoming from the Revenue. All of them state that the tax effect involved in all these Appeals is less than the threshold limit of Rs. 1.00 crore as provided in the CBDT Circular dated 8 August 2019. In the above view, all the Appeals are disposed of in terms of the above Circular. It is made clear that in case the Officers of the Revenue inform the learned counsel for the Revenue that any of these Appeals are not covered by the above CBDT Circular dated 8 August 2019, then the parties are at liberty to move this Court for recall of this order in respect of those Appeals. |