The Commissionr Of Income-Tax-24,Mum, v. M/S Nova Impax

422-06-itxa=.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 422 OF 2006 The Commissioner of Income Tax-24(2) .. Appellant Mumbai v/s.

M/s. Nova Impex .. Respondent Mr. Arvind Pinto for the appellant Mr. Rakesh Kumar i/b Legal Vision for the respondent CORAM : M.S. SANKLECHA & B.P. COLABAWALLA, J.J.

DATED : 12th JANUARY, 2016.

P.C.

1.

This appeal relates to Assessment Year 1994-95. Mr. Pinto, learned Counsel for the Revenue states that the tax effect involved in the present appeal as indicated in para 10 of the Appeal Memo is Rs.59,998/-. 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 provided therein for challenging an order of the Tribunal before this Court, he does not press the present appeal.

2.

Accordingly, the appeal is dismissed as withdrawn. Refund of Court fees as per Rules.

(B.P. COLABAWALLA, J.) (M.S. SANKLECHA, J.) Uday S. Jagtap