"Permission Granted to Withdraw Appeal and Pending Applications due to Low Tax Effect".

"Permission Granted to Withdraw Appeal and Pending Applications due to Low Tax Effect".

Income Tax

The learned counsel representing the appellant, referring to Circular No. F. No.390/Misc./116/2017-JC issued by the Department of Revenue, Ministry of Finance, seeks permission to withdraw the appeal and any pending applications due to the low tax effect involved. The court grants permission, subject to any just exceptions. Consequently, the appeal and pending applications are dismissed as withdrawn, while leaving the question of law open for further consideration. In the case of C.A. No. 4703/2014, the appeal and pending applications have been dismissed as withdrawn, leaving the question of law open as per the signed order. Regarding C.A. No. 4705/2014 & C.A. No. 4704/2014, the learned counsel for the respondent informs the court that liquidation proceedings concerning the respondent are currently pending before the High Court, and an Official Liquidator has been appointed. Therefore, the court issues notice to the Official Liquidator, returnable within six weeks. In addition, the court permits the use of the Dasti mode of service.

In accordance with Circular No. F. No. 390/Misc./116/2017-JC issued by the Department of Revenue, Ministry of Finance, the learned counsel for the appellant seeks permission to withdraw the appeal and pending applications due to low tax effect. Permission is granted, subject to just exceptions.



As a result, the appeal and pending applications are dismissed as withdrawn, leaving the question of law open.



In C.A. No. 4703/2014, the appeal and pending applications are dismissed as withdrawn, as per the signed order, leaving the question of law open.



In C.A. No. 4705/2014 and C.A. No. 4704/2014, the learned counsel for the respondent informs the court that there are ongoing liquidation proceedings involving the respondent before the High Court, with an Official Liquidator appointed. Therefore, the court issues notice to the Official Liquidator, returnable within six weeks. The court also permits the use of the Dasti mode of service.



Signed orders have been placed on the file.





(DEEPAK SINGH) (VIDYA NEGI)



COURT MASTER (SH) COURT MASTER (NSH)



Learned counsel for the appellant, on instructions, in terms of Circular dated 22.08.2019 bearing No. F.No.390/Misc./116/2017-JC issued by the Department of Revenue, Ministry of Finance, seeks permission to withdraw this appeal along with pending applications therein due to low tax effect.



Permission granted, subject to just exceptions.



The appeal and pending applications are dismissed as withdrawn, leaving question of law open.




(A.M. KHANWILKAR)




(DINESH MAHESHWARI)




New Delhi


October 23, 2019



C.A. No. 4703/2014


The appeal and pending applications are dismissed as

withdrawn, leaving question of law open in terms of the

signed order.



C.A. No. 4705/2014 & C.A. No. 4704/2014




Learned counsel for the respondent submits that

liquidation proceedings qua respondent are pending before

the High Court in which Official Liquidator has been

appointed.



Hence, issue notice to the Official Liquidator,

returnable within six weeks.



Dasti, in addition, is permitted.




(DEEPAK SINGH) (VIDYA NEGI)


COURT MASTER (SH) COURT MASTER (NSH)




[Signed order is placed on the file ]

CONCEPTS