Commissioner Of Income Tax-7 v. Hansat Maneklal Savani

Priya Soparkar 63 itxa 1124-14-o IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1124 OF 2014 Commissioner of Income Tax-7 ... Appellant V/s.

Hansat Maneklal Savani ... Respondent --- Ms.S.V.Bharucha for the Appellant.

Mr.Divyesh Fotaria i/by Mr.Vipul Joshi for the Respondent. --- CORAM : AKIL KURESHI AND SANDEEP K. SHINDE, JJ.

DATE : JANUARY 28, 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.S.V.Bharucha, 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.

(SANDEEP K.SHINDE,J.) (AKIL KURESHI,J.) ....