38-ITXA-2554-2011.DOC Satish Sangar IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.2554 OF 2011 The Director of Income Tax (International Taxation)–I, Mumbai. …Appellant Versus Citicorp Investment Bank (Singapore) Ltd., Mumbai. …Respondent None for the Appellant. Mr.B.D.Damodar i/b. Kanga and Company, for the Respondent. CORAM: SUMAN SHYAM & S. M. MODAK, JJ. DATED: 9th DECEMBER 2025. PC:- 1. None for the Appellant. 2. The tax effect involved in this Appeal is below Rs.2 crores. Therefore, in view of the Circular No.09/2024 of the Central Board of Direct Taxes dated 17th September 2024, issued by Government of India, Ministry of Finance Department of Revenue Central Board of Direct Taxes, this Appeal would no longer be maintainable. 3. The Appeal is accordingly disposed of by granting liberty to the Appellant to seek restoration of the Appeal by furnishing proper justification, if so advised. 4. The formulated substantial question of law is kept open. (S. M. MODAK, J.) (SUMAN SHYAM, J.) 9th December 2025 SATISH RAMCHANDRA SANGAR Digitally signed by SATISH RAMCHANDRA SANGAR Date: 2025.12.11 10:56:27 +0530