2018 (9) TMI 2161 - HC - Income Tax

Revival of appeals in case of change of circumstances - appellant-assessee states that he has obtained instructions stating in view of the small tax amount the appellant-assessee is not inclined to press these appeals HELD THAT - As stated that this statement is being made as no additions have been made in subsequent years. Thus the issue is not of re-occurring nature. He however states that in case there is change in the stand of the Revenue the appellant-assessee should be given liberty to file an application for revival of these appeals. We take the aforesaid statement on record and dispose of the present appeals giving liberty to the appellant-assessee to ask for revival of these appeals in case of change of circumstances. There would be no order as to costs.

Summary

The Delhi High Court, through Hon'ble Justices Sanjiv Khanna and Chander Shekhar, disposed of the appellant-assessee's appeals on the basis that "in view of the small tax amount, the appellant-assessee is not inclined to press these appeals." The Court noted that no additions were made in subsequent years, indicating the issue was not recurring. The Court granted the appellant-assessee "liberty to file an application for revival of these appeals in case of change of circumstances," and made no order as to costs.