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Bombay High CourtITXA/2195/2009disposed off

The Commissioner Of Income Tax - 3 Mumbai v. Eurtoex Industries And Exports Ltd

2016-02-22Hon'Ble Shri Justice B.P. Colabawalla,Hon'Ble Shri Justice M.S. Sanklecha2 pages

ITXA2195.09

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.2195 OF 2009 The Commissioner of Income Tax-3, Mumbai 400 020 ... Appellant v/s Eurotex Industries and Exports Ltd., Mumbai 400 021 ... Respondent Mr Suresh Kumar for Appellant.

None for Respondent.

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

DATE : 22ND FEBRUARY, 2016 P.C.:- 1.

This Appeal relates to Assessment Year 2002-03. Mr Suresh Kumar, 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.13.30 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 limits 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

ITXA2195.09 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