Itxa/211/2008 Of The Commissioner Of Income-Tax,Mum City-9,Mum v. Current Investment Pvt Ltd

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 211 OF 2008 The Commissioner of Income Tax-9 .. Appellant v/s. Current Investment Pvt. Ltd. ..Respondent Mr. Suresh Kumar for the appellant Mr. Subhash Shetty for the respondent CORAM : M.S. SANKLECHA & SANDEEP K. SHINDE, J.J. P.C. DATED : 1[st] AUGUST, 2018. 1.This Appeal relates to Assessment Year 1995-96. 2.Mr. Suresh Kumar, learned Counsel appearing for the Revenueinvited our attention to Circular No.3 of 2018 dated 11[th] July, 2018issued by the Central Board for Direct Tax (CBDT). The aboveCircular directs the Officers of the Revenue not to file appeals to theHigh Court where the tax effect does not exceed Rs.50 lakhs. It alsodirects its Officers to withdraw / not press its pending appeals wherethe tax effect is less than Rs.50 lakhs. This, of course, if it does not fallin the excluded class of appeals listed therein. 3.In the above view, Mr. Suresh Kumar, learned Counsel appearing in support of the appeal, on instructions from Mr. Damodar N. Sadawarti, ACIT, Mumbai, seeks to withdraw this appeal. 4.The appeal is dismissed as withdrawn. 5.Refund of Court Fees, if any, as per Rules. (SANDEEP K. SHINDE J.) (M.S. SANKLECHA, J.)