Pr. Commissioner Of Income Tax - 4 v. Svg Fashions Ltd (Formerly Known As Deepak Suitings Ltd)

47.itxa.1165.2017.doc dik

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

O.O.C.J.

INCOME TAX APPEAL NO. 1165 OF 2017 Pr. Commissioner of Income Tax-4 ...Appellant vs M/s SVG Fashions Ltd.

...Respondent.

.....

Ms Padma Divakar for the Appellant.

Mr P.C.Tripathi for the Respondent.

.....

CORAM : AKIL KURESHI & B.P.COLABAWALLA, JJ.

DATE : FEBRUARY 07, 2019.

P.C. :

1.

This appeal under Section 260A of the Income Tax Act, 1961 ("the Act" for short) has been filed challenging the order passed by the Income Tax Appellate Tribunal.

Learned counsel appearing in support of the appeal states that she has been instructed to withdraw this appeal. This is for the reason that the tax effect involved in this appeal is less than the threshold limit of Rs.50 Lacs as provided in CBDT Circular No. 3 of 2018 dated 11.7.2018.

In view of the above submission, the appeal is dismissed as not pressed.

Refund of court fees as per rules.

(B.P.COLABAWALLA, J.) (AKIL KURESHI, J. ) Pg 1 of 1