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Bombay High CourtITXA/1361/2016withdrawn

Principal Commissioner Of Income Tax-30 v. Sunita Maheshwari

2019-01-11Hon'Ble Shri Justice Akil Kureshi,Hon'Ble Shri Justice M.S. Sanklecha1 pages

Uday S. Jagtap 1361-16-ITXA-30==.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1361 OF 2016 Pr. Commissioner of Income Tax-30 Mumbai .. Appellant v/s.

Ms. Sunita Maheshwari .. Respondent Mr. Arvind Pinto for the appellant Mr. Jignesh R. Shah for the respondent CORAM : AKIL KURESHI & M.S. SANKLECHA, J.J.

DATED : 11th JANUARY, 2019 P.C.

1.

This appeal challenges the order passed by the Income Tax Appellate Tribunal.

2.

Learned Counsel appearing in support of the appeal invites our attention to the Circular No.3/2018 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, learned Counsel for the Revenue has been instructed not 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.)