Itxa/1479/2013 Of Director Of Income Tax (It) -I v. M/S Daimler Ag (Formerly Known As Daimler Chrysler Ag)

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 1467 OF 2013ALONG WITH INCOME TAX APPEAL NOS. 1479 OF 2013 AND 1480 OF 2013 Director of Income Tax (IT)-I .. Appellant v/s. M/s. Daimler AG (Formerly known as Diamler Cfhrysler AG) .. Respondent Mr. Tejveer Singh for the appellant None for the respondent CORAM : AKIL KURESHI & M.S. SANKLECHA, J.J. P.C. DATED : 6[th] FEBRUARY, 2019 1.These appeals challenge the order passed by the Income TaxAppellate Tribunal. 2.Learned Counsel appearing in support of the appeal invites ourattention to the Circular No.3/2018 dated 11[th] July, 2018 issued by theCentral Board of Direct Taxes which inter alia directs the Revenue notto press the pending appeals where the tax effect is less than Rs.50lakhs. 3.In view of the above Circular, learned Counsel for the Revenuehas been instructed not to press the appeals as the tax effect involved inthe present appeals is less than the threshold limits of Rs.50 lakhs. 4.Accordingly, these appeals are dismissed as not pressed. 5.Refund of Court Fees as per Rules. (M.S. SANKLECHA, J.) (AKIL KURESHI, J.)