Principal Commissioner Of Income Tax-33, Mumbai v. Deepak Popatlal Gala

4. os itxa 830-16.doc R.M. AMBERKAR (Private Secretary)

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

O.O.C.J.

INCOME TAX APPEAL (IT) NO. 830 OF 2016 Pr. Commissioner of Income Tax, 33, Mumbai ..

Appellant

Versus

Deepak Popatlal Gala ..

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

• Mr. Arvind Pinto for the Appellant ...................

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

DATE : DECEMBER 10, 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. Arvind Pinto, 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.

4. os itxa 830-16.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 ]