The Director Of I.T. v. M/S.General Tire International Co.
ITXA640.01
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 640 OF 2001 The Director of Income Tax (International Taxation), Mumbai 400 020 ... Appellant v/s M/s General Tire International Co., Mumbai 400 021 ... Respondent Mr Chanderjeet Chanderpal for Appellant.
None for Respondent.
CORAM : M.S. SANKLECHA AND B.P. COLABAWALLA JJ.
DATE : 13th JANUARY, 2016 P.C.:- 1.
This Appeal relates to AY 1991-92. Mr Chanderpal, learned counsel appearing for the Revenue states that the tax effect involved in the present appeal as indicated in para 10 of the Appeal Memo is Rs.12.62 lakhs. He further states that in view of the Central Board of Direct Tax Circular No.21/15 dated 10th December 2015, the tax effect being less than the threshold limits provided therein for challenging an order of the Tribunal before this Court, he does not VRD
ITXA640.01 press the present appeal.
2.
Accordingly, the appeal is dismissed as withdrawn. Refund of Court fees as per Rules.
(B.P.COLABAWALLA, J.) (M.S. SANKLECHA, J.) VRD