The Pr Commissioner Of Income Tax 3 v. M/S J M Financial And Investment Consultants Pvt Ltd

YBG 40-itxa-628-17

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.628 OF 2017 Principal Commissioner of Income Tax -3 Mumbai ..

Appellant

Versus

M/s.J.M.Financial & Investment Consultants Pvt. Ltd.

..

Respondents Mr. Sham Walve for appellant Mr. Rahul Hakani for respondents.

CORAM

:

AKIL KURESHI & SARANG V. KOTWAL, JJ.

DATE :

25th April 2019.

P.C.

This appeal under section 260-A of the Income Tax Act, 1961 (the Act) challenge the order passed by the Income Tax Appellate Tribunal (the Tribunal).

2] The learned Counsel 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] Therefore, the appeal is dismissed as not pressed. 4] Refund of court fees, if any, as per Rules.

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