The Commissioner Of Income Tax-Ii Thane v. M/S. Deepak Fertilisers And Petrochemcal Corporation Ltd.

ITXA220.07

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 220 OF 2007 The Commissioner of Income Tax-II, Thane (W) 400 604 ... Appellant v/s Deepak Fertilisers and Petrochemical Corporation Ltd., MIDC, Taloja, Raigad ... Respondent None for Appellant.

Mr Sanjiv M. Shah for Respondent.

CORAM : M.S. SANKLECHA AND B.P. COLABAWALLA JJ.

DATE : 13th JANUARY, 2016 P.C.:- 1.

This Appeal relates to Assessment Year 1997-98. None appears for the Appellant Revenue. It appears that the Revenue is not interested in pursuing this Appeal. Moreover, the tax effect involved in the present appeal as indicated in para 11 of the Appeal Memo is Rs.7,26,620/-. Therefore, 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 VRD

ITXA220.07 challenging an order of the Tribunal before this Court, it appears that the Revenue is not interested in pursuing this appeal. 2.

Accordingly, the appeal is dismissed for non-prosecution. (B.P.COLABAWALLA, J.) (M.S. SANKLECHA, J.) VRD