Itxa/262/2016 Of Pr.commissioner Of Income Tax 17 v. Vijay Kumar Raichand

Rane IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 284 OF 2016ALONGWITH INCOME TAX APPEAL NO. 265 OF 2016ALONGWITH INCOME TAX APPEAL NO. 258 OF 2016ALONGWITH INCOME TAX APPEAL NO. 262 OF 2016ALONGWITH INCOME TAX APPEAL NO. 1743 OF 2017 Pr. Commissioner of Income Tax-17V/s. VijayKumar Raichand ...Appellant ….Respondent **** Mr. Suresh Kumar, Advocate for the appellant. Mr. Sunil Lala, I/by. Mr. Girish S. Pikale, Advocate for therespondent. Coram : M.S. Sanklecha, & Sandeep K. Shinde, JJ. Monday, 13th August, 2018. P.C. : These Appeals relate to Assessment Years 2002- Rane 2/3ITXA-258-2016 (GROUP)sr.44 03, 2003-04, 2005-06, 2006-07 and 2007-08 respectively. 2. Mr. Suresh Kumar, Learned Counsel appearingfor the Revenue invited our attention to Circular No.3 of2018 dated 11[th] July, 2018 issued by the Central Board forDirect Tax (CBDT). The above Circular directs the Officersof the Revenue not to file appeals before the High Courtwhere the tax effect does not exceed Rs.50 lakhs. It alsodirects its Officers to withdraw/not press its pendingappeals where the tax effect is less than Rs.50 lakhs. This,of course, if it does not fall in the excluded class of appealslisted therein. 3. In view of the Circular No.3 of 2018 dated 11[th] July, 2018 issued by the CBDT, Mr. Suresh Kumar LearnedCounsel appearing for the Revenue, on instructions of Mr.Nitish Kumar, Income-Tax Officer, from the office ofPrincipal Commissioner of Income-Tax, seeks to withdrawthese Appeals. Rane 4. Accordingly, Appeals are dismissed as withdrawn. 5. Refund of court-fees as per Rules. (SANDEEP K. SHINDE, J) (M.S. SANKLECHA, J) Digitally signedNeetaby NeetaShailesh SawantShaileshDate:Sawant2018.08.1611:51:24 +0530