The Pr. Commissioner Of Income Tax -3 Pune v. M/S. Chandrai Constructions,

Uday S. Jagtap 298-16-ITXA-46=.doc THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 298 OF 2016 The Pr. Commissioner of Income Tax-3 Pune .. Appellant v/s.

M/s. Chandrai Constructions ..Respondent Mr. Tejveer Singh for the appellant Mr. Ruturaj Gurjar I/b Mihir Naniwadekar for the respondent CORAM : M.S. SANKLECHA & SANDEEP K. SHINDE, J.J.

DATED : 1st AUGUST, 2018.

P.C.

1.

This Appeal relates to Assessment Year 2006-07. 2.

Mr. Tejveer Singh, 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 to 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.

Our attention is invited to para 10 of the Appeal Memo, which indicates that in this Appeal, the tax effect is Rs. 11.24 lakhs. Uday Shivaji Jagtap Digitally signed by Uday Shivaji Jagtap Date:

2018.08.03 14:07:59 +0530

Uday S. Jagtap 298-16-ITXA-46=.doc 4.

In view of the Circular No.3 of 2018 dated 11th July, 2018 issued by the CBDT, Mr. Tejveer Singh, learned Counsel appearing for the Revenue, on instructions, does not press the present Appeal. 5.

Accordingly, Appeal dismissed, as withdrawn.

6.

Refund of Court Fees, if any, as per Rules.

(SANDEEP K. SHINDE J.) (M.S. SANKLECHA, J.)