Principal Commissioner Of Income Tax 1 v. M/S Suryashankar Properties Ltd

Priya Soparkar 9 itxa 744-16-o-s IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.744 OF 2016 Pr.Commissioner of Income-Tax-1 ... Appellant V/s.

M/s Suryashankar Properties Ltd.

... Respondent --- Mr.Suresh Kumar for the Appellant.

Mr.Jas Sanghavi with Mr.Viraj Bhate i/by M/s PDS Legal for the Respondent.

--- CORAM : AKIL KURESHI AND M.S.SANKLECHA, JJ.

DATE : DECEMBER 10, 2018.

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.Suresh Kumar, 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.

Priya Soparkar 9 itxa 744-16-o-s 3.

Accordingly, this Appeal is dismissed as not pressed. 4.

Refund of Court Fees, as per Rules.

(M.S.SANKLECHA,J.) (AKIL KURESHI,J.) ....