Commissioner Of Income Tax(Central)-3 v. Mirc Electronics Limited

(902)ITXANo.2912015-5372015

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDITION INCOME TAX APPEAL NO.291 OF 2015 WITH INCOME TAX APPEAL NO.537 OF 2015 The Commissioner of Income Tax (Central)-3 ... Appellant V/s.

M/s.MIRC Electronics Limited ...

Respondent .....

Mr.Arvind Pinto, Advocate for the Appellant.

Mr.A.K.Jasani, Advocate for the Respondent.

....

CORAM :

S.V.GANGAPURWALA & A.M.BADAR JJ.

DATED :

12th July 2017.

P.C.

Mr.Pinto, the learned counsel submits that these Appeals are for the Assessment year 2001-02 and 2004-05. In both these appeals, the tax effect is less than Rs.20 Lakhs. In light of the above and in view of the CBDT Circular No.21/2015 dated 10/12/2015, the Department has taken policy decision not to prosecute the appeals where the tax effect is less than Rs.20 Lakhs. The learned counsel for the Appellant seeks leave to withdraw the Appeal.

Gaikwad RD 1/2

(902)ITXANo.2912015-5372015 The Appeals are disposed of as withdrawn. No costs. Court fees as per rules be funded.

( A.M.BADAR J.) ( S.V.GANGAPURWALA J.) Gaikwad RD 2/2