Principal Commissioner Of Income Tax-10 v. Marks Shipping Pvt Ltd

Uday S. Jagtap 301-13-ITXA-C-52=.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 301 OF 2013 The Pr. Commissioner of Income Tax, Central-IV .. Petitioner v/s.

Anuj Jitendra Mehta .. Respondent WITH INCOME TAX APPEAL NO. 343 OF 2013 The Commissioner of Income Tax, Central-IV Mumbai .. Petitioner v/s.

Rohan J. Mehta .. Respondent WITH INCOME TAX APPEAL NO. 546 OF 2015 The Pr. Commissioner of Income Tax-15 Mumbai .. Petitioner v/s.

M/s. Lily Jewellery Pvt. Ltd.

.. Respondent INCOME TAX APPEAL NO. 939 OF 2016 WITH INCOME TAX APPEAL NO. 944 of 2016 The Pr. Commissioner of Income Tax-10 Mumbai .. Petitioner v/s.

Marks Shipping Pvt. Ltd.

.. Respondent

Uday S. Jagtap 301-13-ITXA-C-52=.doc Mr. Arvind Pinto for the appellant Mr. Anuj J. Mehta for respondent in ITXA 301/13 Mr. Atul Jasani for the respondent in ITXA 343/13 CORAM : AKIL KURESHI & M.S. SANKLECHA, J.J.

DATED : 3rd DECEMBER, 2018.

P.C.

1.

These appeals challenge the orders passed by the Income Tax Appellate Tribunal.

2.

Mr. Pinto, learned Counsel appearing in support of the appeals 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. Pinto has been instructed not to press the appeals as the tax effect involved in the present appeals is less than the threshold limits of Rs.50 lakhs. 4.

Accordingly, all the five appeals are dismissed as not pressed. 5.

Refund of Court Fees as per Rules.

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