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

Uday S. Jagtap 679-16-ITXA-22=.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 679 OF 2016 The Pr. Commissioner of Income Tax-10 .. Appellant v/s.

Marks Shipping Pvt. Ltd.

.. Respondent Mr. Arvind Pinto for the appellant None for the respondent CORAM : AKIL KURESHI & M.S. SANKLECHA, J.J.

DATED : 27th NOVEMBER, 2018.

P.C.

1.

This appeal under Section 260A of the Income Tax Act, 1961 challenges the order dated 22nd July, 2015 passed by the Income Tax Appellate Tribunal. The impugned order dated 22nd July, 2015 is a common order relating to Assessment Years 2005-06, 2006-07, 2007-08 and 2008-09. This appeal relates to Assessment Year 2005-06. 2.

Mr. Pinto, learned Counsel appearing in support of the appeal states that the tax effect in each of the appeals disposed of by the common impunged order is less than Rs.50 lakhs. Further he has been instructed not to press this appeal. This for the reason that the tax

Uday S. Jagtap 679-16-ITXA-22=.doc effect in this appeal is less than Rs.50 lakhs as provided in CBDT Circular No.3/2008 dated 11th July, 2018.

3.

Accordingly, the appeal is dismissed as not pressed. 4.

Refund of Court Fees as per Rules.

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