Itxa/343/2016 Of Principal Commissioner Of Income Tax-10 Mumbai v. Parle Biscuits Pvt. Ltd

Rane IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 343 OF 2016 The Pr. Commissioner of IncomeTax-Pune-10….Appellant V/s.Parle Biscuits Pvt. Ltd. ….Respondent * * * * Mr. Arvind Pinto, Advocate for the appellant. Mr. Sameer Dalal, Advocate for the respondent. -CORAM : M.S. SANKLECHA, & SANDEEP K. SHINDE, JJ. TUESDAY, 7TH AUGUST, 2018. P.C. : 1. This Appeal relates to Assessment Year2009-10. 2. Mr. Pinto, Learned Counsel appearing for theRevenue invited our attention to Circular No.3 of 2018dated 11[th] July, 2018 issued by the Central Board for Rane 2/2ITXA—343-2016 (SR.47)7.8.2018 Direct Tax (CBDT). The above Circular directs theOfficers of the Revenue not to file appeals to the HighCourt where the tax effect does not exceed Rs.50 lakhs.It also directs its Officers to withdraw/not press itspending appeals where the tax effect is less than Rs.50lakhs. This, of course, if it does not fall in the excludedclass of appeals listed therein. 3. In view of the Circular No.3 of 2018 dated11[th] July, 2018 issued by the CBDT, Mr. Pinto, LearnedCounsel appearing for the Revenue, on instructions ofMr. Manojkumar Mishra, Deputy Commissioner ofIncome-Tax, seeks to withdraw this Appeal. 4. Accordingly, Appeal is dismissed aswithdrawn. 5. Refund of court-fees as per Rules. (SANDEEP K. SHINDE, J) (M.S. SANKLECHA, J) Digitally signedNeetaby NeetaShaileshShaileshSawantDate:Sawant2018.08.0912:15:11 +0530