The Commissioner Of Income Tax -5, Mumbai v. M/S The Great Eastern Shipping Co. Ltd., Mumbai

11-ITXA-996-2010.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.996 OF 2010 THE COMMISSIONER OF INCOME TAX-5 )...APPELLANT V/s.

M/S.THE GREAT EASTERN SHIPPING CO.

) LTD. MUMBAI )...RESPONDENT Mr.N.C.Mohanty, Advocate for the Appellant.

Mr.P.C.Tripathi i/b. Mr.A.K.Jasani, Advocate for the Respondent.

CORAM

:

S.V.GANGAPURWALA & A. M. BADAR, JJ.

DATE :

10th JULY 2017 P.C. :

This appeal relates to the Assessment Year 1998-99. In this appeal, it is submitted that the tax effect is less than Rs.20 lakh.

In light of the above, and in view of CBDT Circular No.21 of 2015, dated 10th December 2015, the department has taken policy decision not to prosecute the appeals where the tax effect is less than Rs.20 lakh. The learned counsel for the appellant seeks leave to withdraw the appeal. avk 1/2

11-ITXA-996-2010.doc The appeal is disposed of as withdrawn. No costs. Court fees as per Rules be refunded.

(A. M. BADAR, J.) (S.V.GANGAPURWALA), J.) avk 2/2