The Asstt. Commissioner of Income-tax, Nagpur v. Prabhu Steel Industries Ltd
[Citation -2020-LL-0206-39]

Citation 2020-LL-0206-39
Appellant Name The Asstt. Commissioner of Income-tax, Nagpur
Respondent Name Prabhu Steel Industries Ltd.
Court HIGH COURT OF BOMBAY AT NAGPUR
Relevant Act Income-tax
Date of Order 06/02/2020
Judgment View Judgment
Keyword Tags monetary limit • low tax effect
Bot Summary: CORAM :- R. K. DESHPANDE AND AMIT B. BORKAR, JJ. DATED :- 06.02.2020 The appellant has filed a pursis signed by the Principal Commissioner of Income Tax-3, Civil Lines, Nagpur, the contains of which is reproduced below :- The Appellant files pursis as under :- 1. That the present Appeal challenged impugned judgment and order passed by the ITAT. That in order to reduce litigation CBDT, Department of Revenue, New Delhi has revised the monetary limit upto Rs. 1 Crore, below which appeal should not be filed by the department before Hon ble High Court vide Circular No. 17/2019 dated 08.08.2019. Further, the enhanced monetary limit shall apply to all pending appeals as clarified in the said Circular. Also the case does not fall under any of the exceptions laid down in Instruction No. 3/2018 dated 11.07.2018 and its amendment dated 20.08.2018 and Circular No. 23 of 2019 dated 06.09.2019. In the present matter, the disputed Tax amount involved against Respondent is Rs. 55 lakh. That in view of above, the Appellant/Department does not want to pursue the appeal and seeks permission to withdraw the present appeal and further seeks order for refund of Court fees as per law. In view of the above, the appellant is permitted to withdraw the Appeal and Court fees is permitted to be refunded, as per law.


1 ita89.13.odt IN HIGH COURT OF JUDICATURE AT BOMBAY, NAGPUR BENCH : NAGPUR. INCOME TAX APPEAL NO. 89 OF 2013 Asstt. Commissioner of Income Tax, Nagpur Vs. M/s. Prabhu Steel Industries Ltd., Nagpur Office Notes, Office Memoranda of Court's or Judge's Order Coram, appearances, Court's Orders or directions and Registrar's order Shri Anand Parchure, Advocate for petitioner. Shri S. C. Thakar a/w. Shri Rachit Thakar, Advocate for respondent. CORAM :- R. K. DESHPANDE AND AMIT B. BORKAR, JJ. DATED :- 06.02.2020 appellant has filed pursis signed by Principal Commissioner of Income Tax-3, Civil Lines, Nagpur, contains of which is reproduced below :- Appellant files pursis as under :- 1. That present Appeal challenged impugned judgment and order passed by ITAT. That in order to reduce litigation CBDT, Department of Revenue, New Delhi has revised monetary limit upto Rs. 1 Crore, below which appeal should not be filed by department before Hon ble High Court vide Circular No. 17/2019 dated 08.08.2019. Further, enhanced monetary limit shall apply to all pending appeals as clarified in said Circular. Also case does not fall under any of exceptions laid down in Instruction No. 3/2018 dated 11.07.2018 and its amendment dated 20.08.2018 and Circular No. 23 of 2019 dated 06.09.2019. In present matter, disputed Tax amount involved against Respondent is Rs. 55 lakh. Uploaded on - 06/02/2020 Downloaded on - 12/02/2020 09:58:25 2 ita89.13.odt 2. That in view of above, Appellant/Department does not want to pursue appeal and seeks permission to withdraw present appeal and further seeks order for refund of Court fees as per law. Hence, this pursis. 2. In view of above, appellant is permitted to withdraw Appeal and Court fees is permitted to be refunded, as per law. JUDGE JUDGE RR Jaiswal Uploaded on - 06/02/2020 Downloaded on - 12/02/2020 09:58:25 Asstt. Commissioner of Income-tax, Nagpur v. Prabhu Steel Industries Ltd
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