Pr. Commissioner Of Income Tax-22 v. Suresh Asrani

Priya Soparkar 35 itxa 1390-16-o IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1390 OF 2016 Pr. Commissioner of Income Tax-22 ... Appellant V/s.

Shri Suresh Asrani ... Respondent --- Ms.Padma Divakar for the Appellant.

Ms.Aasifa Khan for the Respondent.

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

DATE : JANUARY 18, 2019.

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.

Ms. Padma Divakar, learned Counsel appearing for the Revenue states that she 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. 4.

Refund of Court Fees, as per Rules.

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