The Commissioner Of Income Tax - 1 v. Nashik Dist Labour Societaies Co Op Federation Ltd

ITXA919.12

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.919 OF 2012 The Commissioner of Income Tax-1, Nashik 422 002 ... Appellant v/s Nashik District Labour Societies Co-op. Federation Ltd., Nashik ... Respondent Mr Suresh Kumar i/b Mr Vipul Bajpayee for Appellant. Mr Mihir Naniwadekar 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 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.10.07 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

ITXA919.12 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