Pr. Commissioner Of Income Tax,-17 v. Vijay Kumar Raichand

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 284 OF 2016 ALONGWITH INCOME TAX APPEAL NO. 265 OF 2016 ALONGWITH INCOME TAX APPEAL NO. 258 OF 2016 ALONGWITH INCOME TAX APPEAL NO. 262 OF 2016 ALONGWITH INCOME TAX APPEAL NO. 1743 OF 2017 Pr. Commissioner of Income Tax-17 ...Appellant V/s.

VijayKumar Raichand ....Respondent **** Mr. Suresh Kumar, Advocate for the appellant. Mr. Sunil Lala, I/by. Mr. Girish S. Pikale, Advocate for the respondent.

Coram : M.S. Sanklecha, & Sandeep K. Shinde, JJ.

Monday, 13th August, 2018.

P.C. :

1.

These Appeals relate to Assessment Years 2002-

2/3 03, 2003-04, 2005-06, 2006-07 and 2007-08 respectively. 2.

Mr. Suresh Kumar, Learned Counsel appearing for the Revenue invited our attention to Circular No.3 of 2018 dated 11th July, 2018 issued by the Central Board for Direct Tax (CBDT). The above Circular directs the Officers of the Revenue not to file appeals before the High Court where the tax effect does not exceed Rs.50 lakhs. It also directs its Officers to withdraw/not press its pending appeals where the tax effect is less than Rs.50 lakhs. This, of course, if it does not fall in the excluded class of appeals listed therein.

3.

In view of the Circular No.3 of 2018 dated 11th July, 2018 issued by the CBDT, Mr. Suresh Kumar Learned Counsel appearing for the Revenue, on instructions of Mr. Nitish Kumar, Income-Tax Officer, from the office of Principal Commissioner of Income-Tax, seeks to withdraw these Appeals.

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Accordingly, Appeals are dismissed as withdrawn.

5.

Refund of court-fees as per Rules.

(SANDEEP K. SHINDE, J) (M.S. SANKLECHA, J) by Neeta Shailesh Sawant Date:

2018.08.16 11:51:24 +0530 Neeta Shailesh Sawant