The Commissioner Of Income Tax- 5 Mumbai v. Barmecha'S Impex Pvt Ltd.

Uday S. Jagtap 2467-10-ITXA-904=.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 2467 OF 2010 The Commissioner of Income Tax-5 .. Appellant v/s.

M/s. Barmecha's Impex Pvt. Ltd.

..Respondent Mr. Abhay Ahuja a/w Ms. Sangeeta Yadav for the appellant None for the respondent CORAM : AKIL KURESHI & M.S. SANKLECHA, J.J.

DATED : 21st NOVEMBER, 2018.

P.C.

1.

This appeal challenges the order dated 26th August, 2009 passed by the Income Tax Appellate Tribunal.

2.

Mr. Ahuja, learned Counsel appearing in support of the appeal invites our attention to the Circular No.3/2008 dated 11th July, 2018 issued by the Central Board of Direct Taxes which inter alia directs the Revenue not to press the pending appeals where the tax effect is less than Rs.50 lakhs.

3.

In view of the above Circular, Mr. Ahuja has been instructed not to press the appeal as the tax effect involved in the present appeal is

Uday S. Jagtap 2467-10-ITXA-904=.doc less than the threshold limits of Rs.50 lakhs. 4.

Accordingly, the appeal is dismissed as not pressed. 5.

Refund of Court Fees as per Rules.

(M.S. SANKLECHA, J.) (AKIL KURESHI, J.)