Principal Commissioner Of Income Tax 33 Mumbai v. Shri Gaurishankar Jhalani

Priya Soparkar 37 itxa 821-16-o-s IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.821 OF 2016 Principal Commissioner of Income Tax, 33, Mumbai. ... Appellant V/s.

Shri Gaurishankar Jhalani ... Respondent --- Mr.Arvind Pinto for the Appellant.

--- CORAM : AKIL KURESHI AND M.S.SANKLECHA, JJ.

DATE : DECEMBER 10, 2018.

P.C.:- 1.

This Appeal under Section 260-A of the Income Tax Act, 1961 (the Act) challenge the order passed by the Income Tax Appellate Tribunal (the Tribunal).

2.

Mr.Arvind Pinto, learned Counsel appearing for the Revenue states that he has been instructed not to press these appeal. This for the reason that the tax effect in this appeal is less than Rs.50 lakhs as provided in CBDT Circular No.3 of 2018 dated 11th July, 2018. 3.

Accordingly, this Appeal is dismissed as not pressed.

Priya Soparkar 37 itxa 821-16-o-s 4.

Refund of Court Fees, as per Rules.

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