Pr Commissioner Of Income Tax Central-2 v. M/S. Oberoi Realty Ltd

(64) itxa-1775.16.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1775 OF 2016 Pr. Commissioner of Income Tax Central-2 : Appellant.

versus M/s. Oberoi Realty Ltd.

: Respondent.

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Mr. Suresh Kumar for the Appellant.

Mr. Atul Jasani for the Respondent.

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CORAM : AKIL KURESHI & M.S.SANKLECHA, JJ.

DATE : FEBRUARY 25, 2019.

P.C.:

This Appeal under Section 260A of the Income Tax Act, 1961 ("the Act" for short) has been filed challenging the order passed by the Income Tax Appellate Tribunal. The learned counsel appearing in support of the appeal, states that he has been instructed to withdraw this appeal. This is for the reason that the tax effect involved in this appeal is less than the threshold limit of Rs. 50 Lacs as provided in CBDT Circular No. 3 of 2018 dated 11.7.2018.

In view of the above submission, the appeal is dismissed as not pressed. Refund of court fees as per rules.

[ M.S.SANKLECHA,J.] [ AKIL KURESHI, J ] lgc