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908-11-ita-2025.odt IN THE HIGH COURT OF JUDICATURE AT BOMBAY BENCH AT AURANGABAD CIVIL APPLICATION NO.11575 OF 2025 IN ITA/11/2025 The Principal Commissioner Of Income Tax Nashik VERSUS Tokai Sahkari Sakhar Karkhana Hingoli … WITH INCOME TAX APPEAL NO.11 OF 2025 ... Mrs. Kalpalata Patil Bharaswadkar, Advocate for Appellant. ...
CORAM : SMT. VIBHA KANKANWADI &
HITEN S. VENEGAVKAR, JJ. DATE : 16 OCTOBER 2025 ORDER : . Present application has been filed for withdrawal of the appeal on monetary ground. 3. Heard Mrs. Bharaswadkar, learned Senior Standing Counsel for Union of India. She submits that the Central Board of direct taxes issued Circular No.9/24-Income tax dated 17.09.2024, enhancing the monetary thresholds for filing departmental appeals following up on Circular No.5/2024/Income Tax, dated 15.03.2024. It is stated that the said move is in line with the Government’s commitment to reduce unnecessary [1]
908-11-ita-2025.odt litigation and ensuring that only substantial tax disputes are escalated to the judiciary, thus reducing workload on Courts and fostering a more efficient tax dispute resolution mechanism. The enhanced monetary limit before this Court is Rs.2,00,00,000/-. In the present matter dispute valuation is Rs.1,12,89,470/- which is below the limit of the Circular dated 17.09.2024 and, therefore, upon instructions, she is withdrawing the appeal. Along-with the application she has filed the copy of the Notification. She has also prayed for refund of the Court fees. 3. In view of the said submission, Application stands allowed. The Income Tax Appeal No.11 of 2025 stands disposed of as withdrawn. The Court fee refund is allowed as per the rules. [ HITEN S. VENEGAVKAR ] [ SMT. VIBHA KANKANWADI ] JUDGE JUDGE scm [2]