Itxa/1840/2014 Of The Commissioner Of Income Tax-8 v. M/S. Inani Marbles And Industires Pvt.ltd

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 1840 OF 2014 The Commissioner of Income Tax-8v/s. M/s. Inani Marbles & Industries Pvt. Ltd. .. Appellant .. Respondent Mr. Arvind Pinto for the appellant Ms. Harsha Mehta i/b Mr. Vipul Joshi for the respondent P.C. CORAM : S.V. GANGAPURWALA & G.S. KULKARNI, J.J. DATED : 8[th] JUNE, 2017 1.The learned Counsel for the appellant submits that the tax effect involved in the present appeal is only Rs.5,69,526/- and as per the CBDT Circular No.21 of 2015 dated 10[th] December, 2015, the department has taken a policy decision not to prosecute the appeal wherein the tax effect is less than Rs.20 lakhs. 2.In view of the above, the learned Counsel for the appellant seeks leave to withdraw the appeal. 3.The appeal stands disposed of as withdrawn. No costs. (G.S. KULKARNI, J.) (S.V. GANGAPURWALA, J.)