Itxa/484/2008 Of The Commissioner Of Income-Tax-1,Mum v. M/S Royal Business Centre Pvt Ltd

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 292 OF 2008WITHINCOME TAX APPEAL NO. 306 OF 2008WITHINCOME TAX APPEAL NO. 316 OF 2008WITHINCOME TAX APPEAL NO. 331 OF 2008WITHINCOME TAX APPEAL NO. 484 OF 2008 The Commissioner of Income Tax-1Mumbai .. Appellant v/s. M/s. Royal Business Centre Pvt. Ltd. ..Respondent Mr. P.C. Chhotaray for the appellant Mr. Deepak Tralshawala I/b V.S. Hadade for the respondent CORAM : M.S. SANKLECHA & SANDEEP K. SHINDE, J.J. P.C. DATED : 1[st] AUGUST, 2018. 1.These Appeals relate to Assessment Years 1997-98, 1998-99, 1999-2000, 2000-01 and 2002-03. 2.Mr. Chhotaray, 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 also directs 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. Chhotaray, learned Counsel appearing in support of the appeal, on instructions from Mr. Mary M. Remedios, ITO1(3)(1), Mumbai, seeks to withdraw these appeals. 4.All the five appeals are dismissed as withdrawn. 5.Refund of Court Fees, if any, as per Rules. (SANDEEP K. SHINDE J.) (M.S. SANKLECHA, J.)