Commissioner Of Income Tax-17, Mumbai 400 012 v. Shri Chandanmal Jain, Mumbai 400 012

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.2753 OF 2009 Commissioner of Income Tax-17,Mumbai 400 012 v/sShri Chandanmal Jain, Mumbai 400 012 … Appellant … Respondent Mrs S.V. Bharucha for Appellant. Mr G.S. Pikale for Respondent. CORAM : M.S. SANKLECHA AND B.P. COLABAWALLA JJ. DATE : 26[th] FEBRUARY, 2016 P.C.:- 1.This Appeal relates to Assessment Year 1998-99. Mrs Bharucha, learned counsel for the Revenue states that the tax effect in the present Appeal as indicated in para 10 of the Appeal Memos is Rs.4.84 lakhs. She further states that in view of the Central Board of Direct Tax Circular No.21/15 dated 10[th ]December 2015, the tax effect being less than the threshold limit of Rs.20 lakhs provided therein for challenging an order of the Tribunal before this Court, she does not press the present 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.)