The Pr.Commissioner Of Income Tax-3 v. Standard Industries Ltd

6. ositxa 144-18.doc R.M. AMBERKAR (Private Secretary)

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

O.O.C.J.

INCOME TAX APPEAL (IT) NO. 144 OF 2018 The Pr. Commissioner of Income Tax - 3 ..

Appellant

Versus

Standard Industries Ltd ..

Respondent ...................

• Mr. A.R. Malhotra for the Appellant ...................

CORAM : AKIL KURESHI & M.S. SANKLECHA, JJ.

DATE : NOVEMBER 28, 2018.

P.C.:

1.

This appeal under Section 260A of the Income Tax Act, 1961 ("the Act" for short) has been filed challenging the orders passed by the Income Tax Appellate Tribunal. 2.

Mr. Malhotra, the learned counsel appearing in support of the appeal, states that he has been instructed to withdraw this appeal. This is for the reason that the tax effect involved in this appeal is less than the threshold limit of Rs. 50 Lacs as provided in CBDT Circular No. 3 of 2018 dated 11.7.2018.

6. ositxa 144-18.doc 3.

In view of the above submission, the appeal is dismissed as not pressed.

4.

Refund of court fees as per rules.

[ M.S. SANKLECHA, J. ] [ AKIL KURESHI, J ]