Director Of Income Tax (It) -I v. M/S Daimler Ag (Formerly Known As Daimler Chrysler Ag)

Uday S. Jagtap 1467-13-itxa-65-C==.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 1467 OF 2013 ALONG WITH INCOME TAX APPEAL NOS. 1479 OF 2013 AND 1480 OF 2013 Director of Income Tax (IT)-I .. Appellant v/s.

M/s. Daimler AG (Formerly known as Diamler Cfhrysler AG) .. Respondent Mr. Tejveer Singh for the appellant None for the respondent CORAM : AKIL KURESHI & M.S. SANKLECHA, J.J.

DATED : 6th FEBRUARY, 2019 P.C.

1.

These appeals challenge the order passed by the Income Tax Appellate Tribunal.

2.

Learned Counsel appearing in support of the appeal invites our attention to the Circular No.3/2018 dated 11th July, 2018 issued by the Central Board of Direct Taxes which inter alia directs the Revenue not to press the pending appeals where the tax effect is less than Rs.50 lakhs.

3.

In view of the above Circular, learned Counsel for the Revenue has been instructed not to press the appeals as the tax effect involved in the present appeals is less than the threshold limits of Rs.50 lakhs.

Uday S. Jagtap 1467-13-itxa-65-C==.doc 4.

Accordingly, these appeals are dismissed as not pressed. 5.

Refund of Court Fees as per Rules.

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