Commissioner Of Income Tax -Ltu v. Aditya Brila Nuvo Ltd

Uday S. Jagtap 1540-16-itxa-C=.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1540 OF 2016 WITH INCOME TAX APPEAL NO. 1547 OF 2016 Commissioner of Income Tax-LTU .. Appellant v/s.

M/s. Aditya Birla Nuvo Ltd.

.. Respondent Mr. Tejveer Singh for the appellant Mr. Nitesh Joshi a/w Mr. Atul Jasani for the respondent CORAM : AKIL KURESHI & M.S. SANKLECHA, J.J.

DATED : 23rd JANUARY, 2019.

P.C.

1.

These appeals challenge the order passed by the Income Tax Appellate Tribunal.

2.

Learned Counsel appearing in support of the appeal invites our attention to the Circular No.3/2018 dated 11th July, 2018 issued by the Central Board of Direct Taxes which inter alia directs the Revenue not to press the pending appeals where the tax effect is less than Rs.50 lakhs.

3.

In view of the above Circular, learned Counsel for the Revenue has been instructed not to press the appeals as the tax effect involved in the present appeals is less than the threshold limits of Rs.50 lakhs. 4.

Accordingly, both the appeals are dismissed as not pressed. 5.

Refund of Court Fees as per Rules.

(M.S. SANKLECHA, J.) (AKIL KURESHI, J.)