The Principal Commissioner Of Income Tax, Panaji., v. The Vaishya Urban Co-Operative Credit Society Ltd.,

1 txa7-19dt.11.06.19 Santosh

IN THE HIGH COURT OF BOMBAY AT GOA

TAX APPEAL NO.7 OF 2019 The Principal Commissioner of Income Tax, Panaji.

.... Appellant.

V/s.

The Vaishya Urban Co-operative Credit Society Ltd.

.... Respondent Ms. Amira Abdul Razaq, Standing Counsel for the Appellant. Coram : S.C. Gupte & Prithviraj K. Chavan, JJ.

Date : 11 th June, 2019.

P.C.:- 1.

The tax effect in the present tax appeal being blow 50.00 ₹ lakhs, in accordance with the Circular of the Union of India, namely, Circular No.03/2018, dated 11.07.2018, the Tax Appeal ought not to be proceeded with.

2.

It has been pointed out by learned Standing Counsel for the Appellant- Commissioner that a connected tax appeal of the same Assessee for Assessment Year 2007-08 involving tax liability of 2,34,018/-, has ₹ been withdrawn by the Income Tax Commissioner in accordance with that Circular.

3.

The Appeal is accordingly disposed of.

Prithviraj K. Chavan, J. S.C. Gupte, J.