The Pr. Commissioner of Income-tax-5, Pune v. Mather and Platt Pumps Limited
[Citation -2020-LL-0205]
Citation | 2020-LL-0205 |
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Appellant Name | The Pr. Commissioner of Income-tax-5, Pune |
Respondent Name | Mather and Platt Pumps Limited |
Court | HIGH COURT OF BOMBAY |
Relevant Act | Income-tax |
Date of Order | 05/02/2020 |
Assessment Year | 2004-05 |
Judgment | View Judgment |
Keyword Tags | tax effect |
Bot Summary: | This appeal has been preferred under Section 260-A of the Income Tax Act, 1961 against the order dated 21.10.2016 passed by the Income Tax Appellate Tribunal, Pune Bench A, Pune in I.T.A.No. It is submitted that the disputed tax effect in the present appeal is Rs.40,55,000. 00, which is below the enhanced prescribed limit as per C.B.D.T. Circular No.17 of 2019 dated 08.08.2019. Mr. Walve submits that he has not received any instructions for withdrawal of the appeal. Be that as it may, considering the fact that the disputed tax effect is below the prescribed limit, the appeal is dismissed on withdrawal. If the appellant finds that the appeal is within any of the exceptions under the aforesaid Circular, it would be open to the appellant to seek revival of the appeal. |