The Commissioner Of Income Tax, Tds, Mumbai v. M/S. Shree Naman Hotels Pvt. Ltd.

908-14-itxa-C=.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 908 OF 2014 WITH INCOME TAX APPEAL NO. 910 OF 2014 The Commissioner of Income Tax, TDS Mumbai .. Appellant v/s.

M/s. Shree Naman Hotels Pvt. 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.

These appeals by the Revenue challenge the common impugned order dated 14th August, 2013 passed by the Income Tax Appellate Tribunal relating to Assessment Years 2008-09 and 2009-10. 2.

The issue arising in both the appeals 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.

Uday S. Jagtap

908-14-itxa-C=.doc 3.

Mr. Chhotaray, learned Counsel appearing for the Revenue states that in view of the CBDT Circular No.35 of 2016f dated 13th October, 2016, he has been instructed to withdraw both the appeals. 4.

In the above view, both the appeals are dismissed as withdrawn. Refund of Court fees as per Rules.

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