In Pr. Commissioner Of Income Tax -1 v. M/S. Approva Systems Pvt Ltd, the High Court (2019) dismissed the appeal. The decision went in favour of the assessee.
Decision: 3.In view of the above submission, the appeal is dismissed as not pressed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
(Private Secretary)
IN THE HIGH COURT OF JUDICATURE AT BOMBAYO.O.C.J.INCOME TAX APPEAL NO. 1498 OF 2017
Pr. Commissioner of Income Tax -1
Versus
..Appellant
M/s. Approva Systems Pvt Ltd
..Respondent
...................
Mr. Sham Walve for the AppellantMr. Sham Walve for the Appellant
...................
CORAM : AKIL KURESHI &
S.J. KATHAWALLA, JJ.
DATE : JUNE 18, 2019.
P.C.:
1.This Appeal under Section 260A of the Income Tax Act, 1961 (“the Act” forshort) has been filed challenging the order passed by the Income Tax AppellateTribunal.
2.The learned counsel appearing in support of the appeal, states that he hasbeen instructed to withdraw this appeal. This is for the reason that the tax effectinvolved in this appeal is less than the threshold limit of Rs. 50 Lacs as provided in
CBDT Circular No. 3 of 2018 dated 11.7.2018.
3.In view of the above submission, the appeal is dismissed as not pressed.
4.Refund of court fees as per rules.
[ S.J. KATHAWALLA, J. ] [ AKIL KURESHI, J ]
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