Itxa/1095/2007 Of The Commissioner Of Income-Tax,Mumbai City-I v. M/S Reliable Holding Pvt Ltd

Rane IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 1095 OF 2007 The Commissioner of Income-Tax,Mumbai, City-I Mumbai, City-I….AppellantV/s.M/s. Reliable Holding Pvt. Ltd. ….Respondent * * * * Ms. Swapna Gokhale I/by. Mr. Suresh Kumar, Advocate for the appellant. Mr. Subhash Shetty, Advocate for the respondent. -CORAM : M.S. SANKLECHA, &SANDEEP K. SHINDE, JJ. TUESDAY, 7TH AUGUST, 2018. P.C. : 1. This Appeal relates to Assessment Year 1995-96. 2. Ms. Gokhale, Learned Counsel appearing for the Revenue invited our attention to Circular No.3 of2018 dated 11[th] July, 2018 issued by the Central Boardfor Direct Tax (CBDT). The above Circular directs the Rane ITXA—1095-2007 (SR.902)7.8.2018 Officers of the Revenue not to file appeals to the HighCourt where the tax effect does not exceed Rs.50 lakhs.It also directs its Officers to withdraw/not press itspending appeals where the tax effect is less than Rs.50lakhs. This, of course, if it does not fall in the excludedclass of appeals listed therein. 3. In view of the Circular No.3 of 2018 dated11[th] July, 2018 issued by the CBDT, Ms. Gokhale,Learned Counsel appearing for the Revenue, oninstructions of Mr. Bansal, Assistant Commissioner ofIncome-Tax seeks to withdraw this Appeal. 4. withdrawn. Accordingly, Appeal is dismissed as 5. Refund of court-fees as per Rules. (SANDEEP K. SHINDE, J) (M.S. SANKLECHA, J) Digitally signedNeetaby NeetaShaileshShaileshSawantDate:Sawant2018.08.0912:15:39 +0530