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2026 DAILYLAW 14215 (BOM)

THE PR.COMMISSIONER OF INCOME TAX-2 v. REDKNEE (INDIA)TECHNOLOGIES PVT.LTD.

ITXA/3294/2018 · 2026-10-01

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Judgment text

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50-ITXA-3294-2018.DOC Rekha Patil IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 3294 OF 2018 The Pr. Commissioner Of Income Tax-2 …Appellant Versus Redknee (India)Technologies Pvt.Ltd. …Respondent Mr. Vikas T. Khanchandani (through V. C.) with Mr. Siddhart Bhatia, for the Appellant-Revenue. None for the Respondent. CORAM: SUMAN SHYAM & GAUTAM A. ANKHAD, JJ. DATED: 1st OCTOBER, 2026. PC:- 1. Mr. Vikas Khanchandani, learned counsel appearing for the Appellant (through V.C.), submits that the tax effect involved in the present Appeal is below Rs. 2 crores. Therefore, in view of the Circular No. 09/2024, dated 17th September, 2024, issued by Government of India, Ministry of Finance Department of Revenue Central Board of Direct Taxes, he seeks leave of this Court to withdraw the Appeal. 2. Taking note of the above submission of Mr. Vikas Khanchandani, the Appeal stands disposed of as withdrawn. 3. The formulated substantial question(s) of law is/are, however, kept open to be decided in an appropriate proceeding. REKHA PRAKASH PATIL Digitally signed by REKHA PRAKASH PATIL Date: 2026.10.05 10:59:04 +0530 50-ITXA-3294-2018.DOC 4. Refund of the Court fees, if applicable, be issued, in accordance with Rules, if an application is made by the Appellant on that behalf. (GAUTAM A. ANKHAD, J.) (SUMAN SHYAM, J.) {