Itxa/1369/2017 Of Pr. Commissioner Of Income Tax-2 v. City Cat Overseas Chemicals Ltd

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.498 OF 2016WITHINCOME TAX APPEAL NO. 1354 OF 2015 Pr. Commissioner of Income Tax-1 v/s. Sumitomo Chemicals Pvt. Ltd. .. Appellant .. Respondent WITH INCOME TAX APPEAL NO. 504 OF 2016 Pr. Commissioner of Income Tax-2 v/s. Thomson Reuters India P. Ltd. .. Appellant .. Respondent WITH INCOME TAX APPEAL NO. 505 OF 2016 WITHINCOME TAX APPEAL NO. 536 OF 2016WITH INCOME TAX APPEAL NO. 556 OF 2016 Pr. Commissioner of Income Tax-14 v/s. M/s. Hindustan Composites Ltd. .. Appellant .. Respondent WITHINCOME TAX APPEAL NO. 507 OF 2016 Pr. Commissioner of Income Tax-14 v/s. M/s. Reliance Big Broadcasting Pvt. Ltd. .. Appellant .. Respondent WITHINCOME TAX APPEAL NO. 1202 OF 2017 Pr. Commissioner of Income Tax-14 v/s. M/s. Reliance Big Entertainment Pvt. Ltd. .. Appellant .. Respondent WITH INCOME TAX APPEAL NO. 1942 OF 2018 Pr. Commissioner of Income Tax-14 v/s. M/s. Reliance Broadcast Network Ltd. .. Appellant .. Respondent WITHINCOME TAX APPEAL NO. 527 OF 2016 Pr. Commissioner of Income Tax-17 v/s. M/s. Globe Marketing Services .. Appellant .. Respondent WITHINCOME TAX APPEAL NO. 537 OF 2016WITHINCOME TAX APPEAL NO. 539 OF 2016 Pr. Commissioner of Income Tax-2 v/s. Dhanrajgir Business Pvt. Ltd. .. Appellant .. Respondent WITHINCOME TAX APPEAL NO. 547 OF 2016 Pr. Commissioner of Income Tax-14 v/s. M/s. Hindustan Diamond Co. Ltd. .. Appellant .. Respondent WITHINCOME TAX APPEAL NO. 571 OF 2016 Pr. Commissioner of Income Tax-14 v/s. Anil Nandkishore Goyal .. Appellant .. Respondent WITHINCOME TAX APPEAL NO. 656 OF 2016 Pr. Commissioner of Income Tax-1 .. Appellant v/s. M/s. Top Class Capital Market Ltd. .. Respondent WITH INCOME TAX APPEAL NO. 726 OF 2016 Pr. Commissioner of Income Tax-14.. Appellant v/s. Apex Realty Pvt. Ltd. .. Respondent WITH INCOME TAX APPEAL NO. 1163 OF 2017 WITHINCOME TAX APPEAL NO. 1500 OF 2017WITHINCOME TAX APPEAL NO. 1503 OF 2017WITHINCOME TAX APPEAL NO. 1507 OF 2017 Pr. Commissioner of Income Tax-14 v/s. M/s. Dow Agrosciences India Pvt. Ltd. .. Appellant .. Respondent WITH INCOME TAX APPEAL NO. 1186 OF 2017 Pr. Commissioner of Income Tax-14.. Appellant v/s. M/s. Kaycee Shares Broking Pvt. Ltd. .. Respondent WITHINCOME TAX APPEAL NO. 1322 OF 2017WITHINCOME TAX APPEAL NO. 1518 OF 2018 Pr. Commissioner of Income Tax-2 v/s. Abbot India Ltd. .. Appellant .. Respondent WITHINCOME TAX APPEAL NO. 1369 OF 2017 Pr. Commissioner of Income Tax-2 v/s. City Cat Overseas Chemicals Ltd. .. Appellant .. Respondent WITHINCOME TAX APPEAL NO. 1483 OF 2017 Pr. Commissioner of Income Tax-2v/s. Trans Impex Pvt. Ltd. .. Appellant.. Respondent WITH INCOME TAX APPEAL NO. 1597 OF 2017 Pr. Commissioner of Income Tax-2v/s. Mahindra & Mahindra Ltd. .. Appellant.. Respondent WITHINCOME TAX APPEAL NO. 1785 OF 2017WITHINCOME TAX APPEAL NO. 1787 OF 2017WITHINCOME TAX APPEAL NO. 1803 OF 2017WITH INCOME TAX APPEAL NO. 1819 OF 2017 WITHINCOME TAX APPEAL NO. 1825 OF 2017WITHINCOME TAX APPEAL NO. 114 OF 2018WITHINCOME TAX APPEAL NO. 226 OF 2018WITH INCOME TAX APPEAL NO. 1613 OF 2018 Pr. Commissioner of Income Tax-2 v/s. Mathakia Investment P. Ltd. .. Appellant.. Respondent WITH INCOME TAX APPEAL NO. 353 OF 2018 Pr. Commissioner of Income Tax-2 v/s. Seaprincess Hotels & Properties Pvt. Ltd. .. Appellant .. Respondent WITHINCOME TAX APPEAL NO. 359 OF 2018 Pr. Commissioner of Income Tax-2.. Appellant v/s. Trans Impex Pvt. Ltd. .. Respondent Mr. Suresh Kumar for the appellant in all the appeals .. Appellant.. Respondent WITHINCOME TAX APPEAL NO. 1785 OF 2017WITHINCOME TAX APPEAL NO. 1787 OF 2017WITHINCOME TAX APPEAL NO. 1803 OF 2017WITH INCOME TAX APPEAL NO. 1819 OF 2017 WITHINCOME TAX APPEAL NO. 1825 OF 2017WITHINCOME TAX APPEAL NO. 114 OF 2018WITHINCOME TAX APPEAL NO. 226 OF 2018WITH INCOME TAX APPEAL NO. 1613 OF 2018 Pr. Commissioner of Income Tax-2 v/s. Mathakia Investment P. Ltd. .. Appellant.. Respondent WITH INCOME TAX APPEAL NO. 353 OF 2018 Pr. Commissioner of Income Tax-2 v/s. Seaprincess Hotels & Properties Pvt. Ltd. .. Appellant .. Respondent WITHINCOME TAX APPEAL NO. 359 OF 2018 Pr. Commissioner of Income Tax-2.. Appellant v/s. Trans Impex Pvt. Ltd. .. Respondent Mr. Suresh Kumar for the appellant in all the appeals Mr. Atul Jasani for the respondent in ITXA Nos. 498/16, 1354/15,504/16, 726/16, 1322/17, 1785/17, 1787/17, 1803/17, 1819/17,1825/17, 114/18, 226/18 and 1613/18. Ms. Aasifa Khan a/w Mr. Satish Mody for the respondent in ITXA Nos.527/16 and 353/18. Mr. Jitendra Jain a/w Mr. Sameer Dalal for the respondent in ITXA656/16 Mr. Hiten Chande I/b Mint & Confreres for the respondent in ITXA1483/17 and 359/18 Mr. Sanjeev M. Shah for the respondent in ITXA 1597/17 CORAM : AKIL KURESHI & M.S. SANKLECHA, J.J. P.C. DATED : 7[th] DECEMBER, 2018. 1.These appeals challenge the orders passed by the Income TaxAppellate Tribunal. 2.Mr. Suresh Kumar, learned Counsel appearing in support of theappeals invites our attention to the Circular No.3/2008 dated 11[th] July,2018 issued by the Central Board of Direct Taxes which inter aliadirects the Revenue not to press the pending appeals where the taxeffect is less than Rs.50 lakhs. 3.In view of the above Circular, Mr. Suresh Kumar has beeninstructed not to press the appeals as the tax effect involved in all thepresent appeals is less than the threshold limits of Rs.50 lakhs. 4.Accordingly, all the above appeals are dismissed as not pressed. 5.Refund of Court Fees as per Rules. (M.S. SANKLECHA, J.) (AKIL KURESHI, J.)