Commissioner of Income-tax-1 v. Italindia Elastic Pvt. Ltd
|Commissioner of Income-tax-1
|Italindia Elastic Pvt. Ltd.
|HIGH COURT OF BOMBAY
|Date of Order
|prescribed limit • disputed claim
|Heard Mr.Suresh Kumar, learned standing counsel, Revenue for the appellant and Mr.Waglay, learned counsel for the respondent/assessee. This appeal under Section 260A of the Income Tax Act, 1961 has been preferred by the Revenue against the order dated 11th September, 2013 passed by the Income Tax Appellate Tribunal, Mumbai Bench I, Mumbai in Income Tax Appeal No.2420/Mum/2012 for the assessment year 2007-08. On 3rd February, 2020, learned standing counsel sought for time to obtain instructions as to whether the related Uploaded on - 03/03/2020 Downloaded on - 05/03/2020 14:17:29 Priya Soparkar 2 1 itxa 1095-14-o appeal is covered by the CBDT Circular No.17 of 2019. Today when the matter is called upon, Mr. Suresh Kumar submits that he has not received instructions. Be that as it may, we find that the disputed claim in the appeal is Rs.27,32,141. In view of above, the appeal is disposed of as withdrawn. If it is found that the appeal falls within any of the exceptions in the aforesaid circular, it would be open to the Revenue to seek revival of the appeal.