The Commissioner Of Income Tax-3 v. M/S Shangrila Investment Andtrading Co. Pvt. Ltd

1 / 2 902-ITXA-1200-09.odt IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1200 OF 2009 The Commissioner of Income Tax-3 .... Appellant versus M/s Shangrila Investment andTrading Co. Pvt. Ltd.... Respondent ….... •Mr.Sham Walve, Advocate for Appellant. Mr.P.C. Tripathi, Advocate for Respondent.Mr.P.C. Tripathi, Advocate for Respondent. CORAM : AKIL KURESHI & SARANG V. KOTWAL, JJ.DATE: 02[nd] MAY, 2019. P.C. : 1. This Appeal under Section 260A of the Income TaxAct, 1961 (“the Act” for short) has been filed challenging theorder passed by the Income Tax Appellate Tribunal. 2.The learned Counsel appearing in support of the Appeal, states that he has been instructed to withdraw thisappeal. This is for the reason that the tax effect involved in this 2 / 2 902-ITXA-1200-09.odt appeal is less than the threshold limit of Rs.50 Lacs as providedin CBDT Circular No.3 of 2018 dated 11.7.2018. 3.In view of the above submission, the appeal isdismissed as not pressed. 4.Refund of court fees as per rules. (SARANG V. KOTWAL, J.) (AKIL KURESHI, J.)