Commissioner Of Income Tax-Ltu v. Sbi Capital Markets Ltd

Priya Soparkar 22 itxa 893-16-o IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.893 OF 2016 Commissioner of Income Tax- LTU ... Appellant V/s.

SBI Capital Markets Ltd.

... Respondent --- Mr.Tejveer Singh for the Appellant.

--- CORAM : AKIL KURESHI AND M.S.SANKLECHA, JJ.

DATE : DECEMBER 17, 2018.

P.C.:- 1.

This Appeal under Section 260-A of the Income Tax Act, 1961 (the Act) challenges the order passed by the Income Tax Appellate Tribunal (the Tribunal).

2.

Mr.Tejveer Singh, learned Counsel appearing for the Revenue states that he has been instructed not to press this appeal. This for the reason that the tax effect in this appeal is less than Rs.50 lakhs as provided in CBDT Circular No.3 of 2018 dated 11th July, 2018. 3.

Accordingly, the Appeal is dismissed as not pressed.

Priya Soparkar 22 itxa 893-16-o 4.

Refund of Court Fees, as per Rules.

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