Tax appeal withdrawal under revised monetary threshold policy when revenue impact is below Rs. 2 crores, allowed The dominant issue was whether the appeal should be permitted to be withdrawn pursuant to the Government's revised litigation policy prescribing a ...
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Tax appeal withdrawal under revised monetary threshold policy when revenue impact is below Rs. 2 crores, allowed
The dominant issue was whether the appeal should be permitted to be withdrawn pursuant to the Government's revised litigation policy prescribing a monetary threshold. The SC accepted the appellant's request, holding that where the tax effect/revenue involved is below the specified limit of Rs. 2 crores, withdrawal in conformity with the policy is permissible. The appeal was dismissed as withdrawn.
In view of the Government's revised litigation policy to "withdraw all the matters pending for adjudication before this Court in which tax effect/revenue involved is less than Rupees Two crores," the appellant sought permission to withdraw the appeal. The Court granted the request, recording that "Permission, as sought for, is granted," and consequently ordered that "The appeal is, accordingly, dismissed as withdrawn." The order reflects disposal on the basis of executive litigation policy and does not adjudicate the merits of the underlying tax dispute.
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