Itxa/9/2015 Of Director Of Income Tax (Exemption) v. Samudra Institute Of Maritime Studies Trust

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 9 OF 2015 Director of Income Tax (Exemption) .. Appellant v/s. Samudra Institute of Maritime StudiesTrust .. Respondent Mr. Suresh Kumar for the appellant Mr. R. Murlidhar a/w Mr. Atul K. Jasani for the respondent CORAM : S.V. GANGAPURWALA & G.S. KULKARNI, J.J. P.C. DATED : 8[th] JUNE, 2017 1.It is submitted that the tax effect is less than Rs.20 lakhs and in view of 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the above, the learned Counsel for the appellant seeks leave to withdraw the appeal. 3.The appeal stands disposed of as withdrawn.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.)