Commissioner Of Income-Tax-9, Mumbai. v. M/S. Lalita Chem Industries Pvt. Ltd., Mumbai.

ITXA2164.09

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.2164 OF 2009 Pri. Commissioner of Income Tax-9, Mumbai 400 020 ... Appellant v/s M/s Lalita Chem Industries Pvt.Ltd., Mumbai 400 090 ... Respondent Mr Suresh Kumar for Appellant.

Mr Ashok Patil for Respondent.

CORAM : M.S. SANKLECHA AND B.P. COLABAWALLA JJ.

DATE : 22ND FEBRUARY, 2016 P.C.:- 1.

This Appeal relates to Assessment Year 2001-02. Mr Suresh Kumar, learned counsel for the Revenue states that the tax effect in the present Appeal as indicated in para 13 of the Appeal Memo is Rs.05.73 lakhs. He further states that in view of the Central Board of Direct Tax Circular No.21/15 dated 10th December 2015, the tax effect being less than the threshold limits of Rs.20 lakhs provided therein for challenging an order of the Tribunal before this Court, he does not press the present 1/2 VRD

ITXA2164.09 Appeal.

2.

Accordingly, the Appeal is dismissed as not pressed. Refund of Court fees as per Rules.

(B.P.COLABAWALLA, J.) (M.S. SANKLECHA, J.) 2/2 VRD