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Bombay High Court

Pr Commissioner Of Income Tax Central 2 vs Alankit Exports Pvt Ltd on 9 October, 2025

Author: M.S. Sonak

Bench: M.S. Sonak

 2025:BHC-OS:18959-DB                                                402-ITXA-111-2024.DOCX




                                                                                                 Amol

                                IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                                      ORDINARY ORIGINAL CIVIL JURISDICTION
                                         INCOME TAX APPEAL NO. 111 OF 2024
                         Pr Commissioner of Income Tax Central -2             ...Appellant
                                 Versus
                         Mugat Maneklal Shah                                  ...Respondent
                                                         WITH
                                         INCOME TAX APPEAL NO. 613 OF 2024
                                                         WITH
                                         INCOME TAX APPEAL NO. 538 OF 2024
                                                         WITH
                                         INCOME TAX APPEAL NO. 558 OF 2024
                                                         WITH
                                         INCOME TAX APPEAL NO. 370 OF 2025
                                                         WITH
                                         INCOME TAX APPEAL NO. 359 OF 2025
                                                         WITH
                                         INCOME TAX APPEAL NO. 170 OF 2024
           Digitally
           signed by

AMOL
           AMOL
           PREMNATH
                                                         WITH
PREMNATH   JADHAV
JADHAV     Date:
           2025.10.14
           22:40:54
                                         INCOME TAX APPEAL NO. 476 OF 2024
           +0530

                                                         WITH
                                         INCOME TAX APPEAL NO. 480 OF 2024
                                                         WITH
                                         INCOME TAX APPEAL NO. 597 OF 2024
                                                         WITH
                                         INCOME TAX APPEAL NO. 643 OF 2024



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                                                   402-ITXA-111-2024.DOCX




                                        WITH
                 INCOME TAX APPEAL NO. 727 OF 2025
                                        WITH
                 INCOME TAX APPEAL NO. 789 OF 2025
                                        WITH
           INCOME TAX APPEAL NO. 796 OF 2025
 ______________________________________________________
 None for the Appellant.

 Ms. Ruchi Rathod a/w. Ms. Aishwary Jain i/b.
 Manohar Samal, for the Respondent ITXA/613/2024.
 Mr. Dhaval Shah, for the Respondent in
      ITXA/111/2024.
 Mr. Rajesh Poojari, i/b. Mint & Confreres, for the
      RespondentBitstream Charter In ITXA/558/2024.
 Mr. Akshay A Pawar i/b. Ajay R. Singh, for the
      Respondent In ITXA/359/2025.
 Mr. Atul K. Jasani, for the Respondent In ITXA/370/2025.
 Mr Dharan Gandhi, for the Respondent In ITXA/538/2024 &
      476/2024.
 ______________________________________________________

                               CORAM     M.S. Sonak &
                                         Advait M. Sethna, JJ.
                               DATED:    09 October 2025
 PC:-

 1.      None for the Appellants.

2. The tax effect in all these Appeals is less than Rs. 2 Crores. Therefore, given the Central Board of Direct Taxes Circulars on the subject, on the ground of low tax effect, we dispose of these Appeals by leaving the question of law open. Interim Applications, if any, are disposed of.

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402-ITXA-111-2024.DOCX

3. However, if at a later stage, it is found that the tax effect is greater than Rs. 2 Crores or that the Appeals fall within any of the exceptions, the Appellants will have the liberty to apply for revival/restoration. This is provided that an application for restoration/revival is filed within reasonable time i.e., on or before 31 January 2026.

 (Advait M. Sethna, J)                                 (M.S. Sonak, J)




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