The Commissioner Of Income Tax - 21 v. The Presidency Co-Op Hsg. Society Ltd.

2472-11-itxa=.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 2472 OF 2011 Commissioner of Income Tax-21 Mumbai .. Appellant v/s.

The Presidency Co-op. Hsg. Society Ltd.

.. Respondent None for the appellant None for the respondent CORAM : M.S. SANKLECHA & S.C. GUPTE, J.J.

DATED : 23rd AUGUST, 2016.

P.C.

1.

This appeal relates to A.Y. 2001-02.

2.

None appears on behalf of the appellant Revenue. It appears that the Revenue is not interested in pursuing this appeal. We note that the tax effect involved in the present appeal is Rs.11.76 lakhs as mentioned in para 11 of the memo of Appeal, which possibly explains lack of interest on the part of the Revenue bearing in mind the Circular No.21 of 2015 dated 10th December, 2015 issued by the Central Board of Direct Taxes.

Uday S. Jagtap

2472-11-itxa=.doc 3.

In any case, the appeal is dismissed on account of nonprosecution. (S.C. GUPTE, J.) (M.S. SANKLECHA, J.) Uday S. Jagtap