High Court of Jammu & Kashmir and Ladakh · Judgments and reasoned final orders
Commissioner of Income Tax v. M/s. Hemkunt Transport Service
ITA 30/2014 ·
Low-tax-effect withdrawal under section 268A and CBDT Circular No. 09 of 2024 dated 17.09.2024: Revenue's appeal (ITA 30/2014) dismissed as withdrawn.
1. FACTS OF THE CASE
When ITA 30/2014 filed by the Commissioner of Income Tax against M/s. Hemkunt Transport Service came up for hearing, Revenue's counsel stated that in view of CBDT Circular No. 09 of 2024 dated 17.09.2024 he had specific instructions not to pursue the appeal further.
2. DISCUSSION BY THE COURT
Accepting the statement of learned counsel for the appellant Revenue made on instructions pursuant to CBDT Circular No. 09 of 2024 dated 17.09.2024, the Division Bench granted permission to withdraw the appeal.
3. JUDICIAL DECISION
Permitted the appellant Revenue to withdraw ITA 30/2014 and ordered accordingly.
4. OUTCOME
Assessee (by withdrawal) - Revenue permitted to withdraw ITA 30/2014 in view of CBDT Circular No. 09 of 2024 dated 17.09.2024.
5. AKHB REVIEW POINT
AKHB analysis: procedural withdrawal under CBDT Circular No. 09/2024 (Rs. 2 crore High Court monetary threshold); leaves the underlying ITAT order undisturbed without creating High Court precedent on merits.
Source and verification
1-page official High Court of Jammu & Kashmir and Ladakh judgment PDF (20250724_JKHC020012352014.pdf).
Original PDF: 1 pages · SHA-256: e9f3744ec54c8038d4576764128b0e486a7e1cc52403fc41c65cb118d24efa64
Supplied source-reviewed note retained; original bytes and identity validation checked in this release. Substantive re-review is not claimed for this record.
Applies sections 260A and 268A of the Income-tax Act, 1961 read with CBDT Circular No. 09/2024. Income-tax Act, 2025 equivalence is not verified.
Full primary judgment PDF read page-by-page and verified against the AKHB Google Drive repository. Comprehensive subsequent judicial treatment has not been independently verified.
AI disclosure and professional disclaimer
AI-assisted source review. Independent human approval is not represented.
General research only. Read the complete judgment and verify applicable law and subsequent treatment before reliance.