Director Of Income Tax (Exemption), Mumbai v. M/S Central Chinmaya Mission Trust

ITXA2474.13

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.2474 OF 2013 The Commissioner of Income Tax (Exemption), Mumbai 400 012 ... Appellant v/s M/s Central Chinmaya Mission Trust, Mumbai 400 072 ... Respondent Mr A.R. Malhotra with Mr N.A. Kazi for Appellant. Mr Atul Jasani for Respondent.

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

DATE : 29 th FEBRUARY, 2016 P.C.:- 1.

This Appeal relates to Assessment Year 2007-08. Mr Malhotra, learned counsel for the Revenue states that the tax effect in the present Appeal as indicated in para 10 of the Appeal Memos is Rs.11.22 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 limit of Rs.20 lakhs provided therein for challenging an order of the Tribunal before this Court, he does not press the present 1/2 VRD

ITXA2474.13 Appeal.

2.

Accordingly, the Appeal is dismissed as not pressed. Refund of Court fees as per Rules.

(B.P.COLABAWALLA, J.) (M.S. SANKLECHA, J.) 2/2 VRD