Commissioner Of Income Tax, 11, Mumbai v. Shah Construction Co. Ltd.

SKN 1/1 497.17-itxa.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 497 OF 2017 Commissioner of Income Tax 11, Mumbai.

...

Appellant.

V/s.

Shah Construction Co.Ltd.

...

Respondent.

Mr.Arvind Pinto for the appellant.

Mr.M.Subramanian i/b. Mr.Vishnu Hadade for the respondent. CORAM :

AKIL KURESHI AND S.J.KATHAWALLA, JJ.

DATE :

1st July 2019.

P.C.:

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

2.

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 lakh, as provided in CBDT Circular No. 3 of 2018, dated 11th July, 2018.

3.

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

4.

Refund of Court fees, as per Rules.

(S.J.KATHAWALLA, J.) (AKIL KURESHI, J.)