32-itxa-420-2018.doc Pr. Comm. Of Income Tax v. Patel Energy Resources Ltd. IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.420 OF 2018 Pr. Commissioner of Income Tax – 10, Mumbai …Appellant Versus Patel Energy Resources Ltd. …Respondent ---------- Mr. Akhileshwar Sharma for the Appellant. Mr. Rajesh Poojary i/b. MINT and Conferes for the Respondent. ---------- CORAM : R.I. CHAGLA AND FARHAN P. DUBASH, JJ. DATE : 4TH DECEMBER, 2025 ORDER : 1. We have perused the disputed claim in the above Income Tax Appeal which is valued at Rs.76,76,203/- and thus below the tax effect of Rs.2 Crores as per the CBDT Circular 17th September, 2024. 2. In view of the tax effect in the present Income Tax ------------------------------------------------- Order dated December 5, 2025 JITENDRA SHANKAR NIJASURE Digitally signed by JITENDRA SHANKAR NIJASURE Date: 2025.12.05 15:40:16 +0530 32-itxa-420-2018.doc Pr. Comm. Of Income Tax v. Patel Energy Resources Ltd. Appeal is below Rs.2 Crores as per said CBDT Circular dated 17th September, 2024, we disposed of Income Tax Appeal on that ground. There shall be no order as to costs. 3. In the event the tax effect as involved is not within the parameters of the Circular dated 17th September 2024, liberty to revive this appeal. [FARHAN P. DUBASH, J.] [R.I. CHAGLA J.] 32-itxa-420-2018.doc jsn. ------------------------------------------------- Order dated December 5, 2025