Pr.Commissioner Of Income Tax-18 v. M.Lachhmandas And Co.

Priya Soparkar 67 itxa 2611-18-o IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.2611 OF 2028 Pr. Commissioner of Income Tax-28 ... Appellant V/s.

M.Lachhmandas & Co.

... Respondent --- Mr.Suresh Kumar for the Appellant.

Mr.Deepak Tralshawala i/by Mr.V.S.Hadade for the Respondent. --- CORAM : AKIL KURESHI AND SARANG V. KOTWAL, JJ.

DATE : APRIL 22, 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.

Mr.Suresh Kumar, learned Counsel appearing for the Revenue states that he 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.

(SARANG V. KOTWAL, J.) (AKIL KURESHI, J.) ....