Commissioner Of Income Tax I v. Ara Trading And Investment Pvt Ltd

Priya Soparkar 77 itxa 1638-13-o IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1638 OF 2013 Commissioner of Income Tax-I ... Appellant V/s.

ARA Trading and Investment Pvt. Ltd.

... Respondent --- Mr.Sham Walve for the Appellant.

Mr.Sanjiv M. Shah for the Respondent.

--- CORAM : AKIL KURESHI AND SARANG V. KOTWAL, JJ.

DATE : APRIL 30, 2019.

P.C.:- 1.

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

2.

Mr.Sham Walve, learned Counsel appearing for the Revenue states that he has been instructed not to press this 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, the Appeal is dismissed as not pressed. 4.

Refund of Court Fees, as per Rules.

(SARANG V. KOTWAL, J.) (AKIL KURESHI, J.)