Mr. Sham v. Sandeep K. Shinde, J.j

Uday S. Jagtap ]THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 802 OF 2018 The Pr. Commissioner of Income Tax-3 .. Appellant v/s. M/s. Suma Shilp Ltd. ..Respondent Mr. Sham V. Walve for the appellant None for the respondent CORAM : M.S. SANKLECHA & SANDEEP K. SHINDE, J.J. P.C. DATED : 9[th] AUGUST, 2018. 1.This Appeal relates to Assessment Year 2011-12. 2.Mr. Walve, learned Counsel appearing for the Revenue invitedour attention to Circular No.3 of 2018 dated 11[th] July, 2018 issued bythe Central Board for Direct Tax (CBDT). The above Circular directsthe Officers of the Revenue not to file appeals to the High Court wherethe tax effect does not exceed Rs.50 lakhs. It also directs its Officers towithdraw / not press its pending appeals where the tax effect is lessthan Rs.50 lakhs. This, of course, if it does not fall in the excludedclass of appeals listed therein. 3.Our attention is invited to para 13 of the Appeal Memo, whichDigitallyUdaysigned byUday Shivajiindicates that in this Appeal, the tax effect is Rs.48.74 lakhs. JagtapShivajiDate:2018.08.13Jagtap10:53:43+0530 Uday S. Jagtap 4.In view of the Circular No.3 of 2018 dated 11[th] July, 2018 issuedby the CBDT, Mr. Walve, learned Counsel appearing for the Revenue,on instructions from Mr. Deepak Soni, Income Tax Officer for the officeof the Principal Commissioner of Income Tax, does not press thepresent Appeal. 5.Accordingly, Appeal dismissed, as withdrawn. 6.Refund of Court Fees, if any, as per Rules. (SANDEEP K. SHINDE J.) (M.S. SANKLECHA, J.)