The Pr. Commissioner of Income-tax-5, Pune v. Mather and Platt Pumps Limited
[Citation -2020-LL-0205]

Citation 2020-LL-0205
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.


ITXA1603_17.doc IN HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL (IT) NO.1603 OF 2017 Pr. Commissioner of Income Tax-5, Pune Appellant Vs. Mather and Platt Pumps Limited Respondent Mr. Sham Walve a/w. Mr. P. Chatterji for Appellant. CORAM : UJJAL BHUYAN, MILIND N. JADHAV, JJ. DATE : FEBRUARY 05, 2020 P.C. : Heard Mr. Walve, learned standing counsel Revenue for appellant. 2. This appeal has been preferred under Section 260-A of Income Tax Act, 1961 against order dated 21.10.2016 passed by Income Tax Appellate Tribunal, Pune Bench "A", Pune in I.T.A.No.1526/PN/ 2011 for assessment year 2004-05. 3. It is submitted that disputed tax effect in present appeal is Rs.40,55,000.00, which is below enhanced prescribed limit as per C.B.D.T. Circular No.17 of 2019 dated 08.08.2019. 4. However, Mr. Walve submits that he has not received any instructions for withdrawal of appeal. 5. Be that as it may, considering fact that disputed tax effect is below prescribed limit, appeal is dismissed on withdrawal. 6. However, if appellant finds that appeal is within any of exceptions under aforesaid Circular, it would be open to appellant to seek revival of appeal. 7. Court fee paid to be refunded as per Rules. Minal V. Digitally signed by Minal V. Parab Date: 2020.02.05 (MILIND N. JADHAV, J.) (UJJAL BHUYAN, J.) Parab 17:39:14 +0530 Minal Parab 1/1 Pr. Commissioner of Income-tax-5, Pune v. Mather and Platt Pumps Limited
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