Business Process Outsourcing, Llc v. The Authority For Advance Rulings (Income Tax) And ANR

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

APPELLATE CIVIL JURISDICTION WRIT PETITION NO.8497 OF 2018 Business Process Outsourcing, LLC

...Petitioner

vs.

The Authority For Advance Rulings (Income Tax), Mumbai and Another

...Respondents

VISHAL SUBHASH PAREKAR Mr. Percy Pardiwala, Sr. Advocate a/w. Mr. Ashish Sodhani i/b. Nishith Desai Associates, for the Petitioner. Mrs. Shehnaz Bharucha, for the Respondent Nos. 1 to 3. VISHAL SUBHASH PAREKAR Date: 2022.03.09 18:33:14 +0530 CORAM :

K.R. SHRIRAM & N. J. JAMADAR, JJ.

DATE :

MARCH 08, 2022 P.C.:

.

Mr. Pardiwalla, for Petitioner seeks leave to withdraw the Petition in view of a message received on 17th February, 2022 received by Petitioner from the International Tax Ward-1(3)(2), Mumbai which is taken on record and marked "X" for identification. Mr. Pardiwalla further states that by order dated 22nd March, 2019 an amount of US Dollars 10 million was directed to be maintained in Escrow by Petitioner. Mr. Pardiwalla states in view of the communication dated 17th February, 2022 Petitioner be discharged of the obligation to maintain US Dollars 10 million in Escrow and Petitioner be permitted to withdraw the US Dollars 10 million. For case of reference message dated 17th February, 2022 is scanned and re-produced below:

1/4

2.

Ms. Bharucha states that Respondents have no objection and relies on a message received by her yesterday 7th March, 2021 which is taken on record and marked "X1" for identification. The 2/4

said message for case of reference is scanned and reproduced below. 3/4

3.

In the circumstances, Petition dismissed as withdrawn. 4.

Petitioner is discharged of its obligation to maintain US Dollars 10 million in Escrow account and permitted to withdraw the said amount together with interest, if any. (N. J. JAMADAR, J.) (K. R. SHRIRAM, J.) 4/4