Teva Pharmaceutical Industries Limited v. Deputy Commissioner Of Income Tax, Circle 3(1)(1), International Taxation, New Delhi

$~59 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 6535/2017 & CM No. 11038/2019 TEVA PHARMACEUTICAL INDUSTRIES LTD. .. Petitioner Through :

Mr. Balbir Singh, Sr. Adv. with Mr.

Prakash Kumar, Ms.Monica Benjamin and Ms.Rashmi Singh, Advs.

versus DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 3(1)(1), INTERNATIONAL TAXATION, NEW DELHI ..... Respondent Through :

Mr. Himanshu S. Sinha, Spl.

Counsel with Mr. Bhuwan Dhoopar and Mr.

Zohaib Hussain, Advs.

CORAM:

HON'BLE MR. JUSTICE S. RAVINDRA BHAT HON'BLE MR. JUSTICE PRATEEK JALAN

O R D E R

% 08.03.2019 Learned Senior Counsel for the petitioner submits that he has instructions to withdraw the present writ petition in view of the circumstance that the petitioner has approached the Authority for Advance Rulings (AAR). He further submits that the AAR may be requested to dispose of the application before it at the earliest preferably within six weeks.

This court is of the opinion that such a direction cannot be

issued; nevertheless the AAR may examine the feasibility of the same and deal with the application expeditiously in accordance with law. All rights and contentions of the parties are reserved. This writ petition is dismissed as withdrawn. Pending application also stands dismissed.

The date of 29.03.2019, already fixed in this petition, stands cancelled.

S. RAVINDRA BHAT, J PRATEEK JALAN, J MARCH 08, 2019 aj