Pr. Commissioner Of Income Tax-4 v. M/S. Svg Fashions Ltd. (Formerly Known As Deepak Suitings Limited)

43.itxa.167.17;168.2017.doc dik

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

O.O.C.J.

INCOME TAX APPEAL NO. 167 OF 2017 WITH INCOME TAX APPEAL NO. 168 OF 2017 Pr. Commissioner of Income Tax-4 ...Appellant vs M/s SVG Fashions Ltd.

...Respondent.

.....

Ms Padma Divakar for the Appellant in both appeals. Mr P.C.Tripathi for the Respondent in both appeals. CORAM : AKIL KURESHI & B.P.COLABAWALLA, JJ.

DATE : FEBRUARY 07, 2019.

P.C. :

1.

These appeals under Section 260A of the Income Tax Act, 1961 ("the Act" for short) have been filed challenging the order passed by the Income Tax Appellate Tribunal.

Learned counsel appearing in support of the appeals states that he has been instructed to withdraw these appeals. This is for the reason that the tax effect involved in these appeals are 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 appeals are dismissed as not pressed.

Refund of court fees as per rules.

(B.P.COLABAWALLA, J.) (AKIL KURESHI, J. ) Pg 1 of 1