The Commissioner Of Income Tax-5 v. M/S. Schalfhorst Marketing Co Ltd

(Private Secretary) IN THE HIGH COURT OF JUDICATURE AT BOMBAYO.O.C.J. INCOME TAX APPEAL NO. 573 OF 2012 The Commissioner of Income Tax-5 Versus ..Appellant M/s. Schalfhorst Marketing Co Ltd ..Respondent ................... Mr. N.C. Mohanty for the Appellant Mr. N.C. Mohanty for the Appellant Mr. Atul Jasani for the RespondentMr. Atul Jasani for the Respondent ................... 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” for short) has been filed challenging the order passed by the Income Tax Appellate Tribunal. 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 effectbeen instructed to withdraw this appeal. This is for the reason that the tax effect involved in this appeal is less than the threshold limit of Rs. 50 Lacs as provided inCBDT 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 ]