The Principal Commissioner Of Income-Tax 1 v. Knowledge Quast Infotecth Pvt. Ltd

Ladda IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL No. 1018 of 2016. The Principal Commissioner of Income-Tax 1 ..Appellant. Vs Knowledge Quast Infotecth Pvt. Ltd. ..Respondent. Mr. Tejveer Singh, Advocate for the Appellant. Mr. Mihir Naniwadekar for the Respondent. CORAM : AKIL KURESHI & B. P. COLABAWALLA, JJ. DATED :- 8TH JANUARY, 2019. P.C.: 1This 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. 2Learned Counsel appearing in support of the appealstates that he has been instructed to withdraw this appeal. Thisis for the reason that the tax effect involved in this appeal isless than the threshold limit of Rs.50 Lakhs as provided inCBDT Circular No.3 of 2018 dated 11/7/2018. 3In view of the above submission, the appeal isdismissed as not pressed. 4Refund of court fees, if any, as per rules. (B.P. COLABAWALLA, J.) (AKIL KURESHI, J.)