The Commissioner Of Income Tax - v. Rampra Steel Industries Pvt. Ltd.

Uday S. Jagtap 464-12-ITXA-905=.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 464 OF 2012 The Commissioner of Income Tax-7 .. Appellant Mumbai v/s.

Rampra Steel Industries Pvt. Ltd.

..Respondent Mr. Abhay Ahuja a/w Ms. Sangeeta Yadav for the appellant Mr. Ashok Patil for the respondent CORAM : AKIL KURESHI & M.S. SANKLECHA, J.J.

DATED : 21st NOVEMBER, 2018.

P.C.

1.

This appeal challenges the order dated 7th September, 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

Uday S. Jagtap 464-12-ITXA-905=.doc to press the appeal as the tax effect involved in the present appeal is 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.)