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Bombay High CourtITXA/912/2014

The Commissioner Of Income Tax Tds Mumbai v. M/S. Shree Naman Developers Ltd

2016-11-29Hon'Ble Shri Justice A. K. Menon,Hon'Ble Shri Justice M.S. Sanklecha2 pages

912-14-itxa=.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 912 OF 2014 The Commissioner of Income Tax, TDS Mumbai .. Appellant v/s.

M/s. Shree Naman Developers Ltd.

.. Respondent Mr. P.C. Chhotaray for the appellant None for the respondent CORAM : M.S. SANKLECHA & A.K. MENON, J.J.

DATED : 29th NOVEMBER, 2016.

P.C.

1.

This appeal by the Revenue challenges the order dated 14th August, 2013 passed by the Income Tax Appellate Tribunal relating to Assessment Year 2009-10.

2.

The issue arising in this appeal is with regard to the applicability of the TDS provisions under Section 194-I of the Act in respect of the payment made of premium for acquisition of long term lease. 3.

Mr. Chhotaray, learned Counsel appearing for the Revenue states that in view of the CBDT Circular No.35 of 2016 dated 13th October, Uday S. Jagtap

912-14-itxa=.doc 2016, he has been instructed to withdraw the appeal. 4.

In the above view, the appeal is dismissed as withdrawn. Refund of Court fees as per Rules.

(A.K. MENON, J.) (M.S. SANKLECHA, J.) Uday S. Jagtap