S. No. 12 Regular Cause List IN THE HIGH COURT OF JAMMU & KASHMIR AND LADAKH AT SRINAGAR ITA No. 2/2017 C/w ITA No. 3/2017, ITA No. 4/2017, ITA No. 5/2017, ITA No. 6/2017, ITA No. 7/2017, ITA No. 8/2017 & ITA No. 9/2017 Pr. Commissioner of Income Tax Jammu …Appellant/Petitioner(s) Through: Mr. Umar Rashid Wani, Advocate Vs. M/s Jyoti Ltd. ...Respondent(s) Through: Mr. Mohammad Amin Bhat, Advocate Mr. Muzamil Yousuf, Advocate CORAM: HON’BLE MS JUSTICE SINDHU SHARMA, JUDGE HON’BLE MR JUSTICE SHAHZAD AZEEM, JUDGE O R D E R 25.09.2025 Mr. Umar Rashid Wani, learned counsel for appellant submits that the tax effect in these appeals is less than 2 Crores, thus, in terms of para 2 of the Circular dated 17th September 2024, the Respondent-Income Department wants to withdraw these appeals. Para 2 of the Circular is reproduced as under:- As a step towards management of litigation, it has been decided by the Board to revise the monetary limits for filing of appeals in Income-Tax cases as stated in Para 4.1 of the aforementioned Circular as follows: S. No. Appeals/SLPs in Income-Tax-matters Monetary Limit (Tax effect in Rs.) 1. Before Income Tax Appellate Tribunal 60 lakh 2. Before High Court 2 Crore 3. Before Supreme Court 5 Crore In view of aforesaid facts and circumstances, all the appeals are dismissed as withdrawn. Interim directions, if any, shall stand vacated. (SHAHZAD AZEEM) (SINDHU SHARMA) JUDGE JUDGE SRINAGAR 25.09.2025 Manzoor Manzoor Ul Hassan Dar I attest to the accuracy and authenticity of this document Srinagar 26.09.2025 16.30