The Commissioner Of Income Tax Tds v. M/S. Varsha Enterprises

(88)ITXANo.872015

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDITION INCOME TAX APPEAL NO.87 OF 2015 The Commissioner of Income-Tax-TDS, Mumbai ...

Appellant V/s.

M/s.Varsha Enterprises ...

Respondent .....

Mr.P.C.Chhotaray, Advocate for the Appellant. Mr.Jitendra Singh, Advocate for the Respondent. ....

CORAM :

S.V.GANGAPURWALA & A.M.BADAR JJ.

DATED :

12th July 2017.

P.C.

The learned counsel for the Appellant submits that the Department has issued a Circular No.35 of 2016 dated 13th October 2016 thereby taking a decision that a lump sum payment of lease premium to CIDCO does not amount to rent and as such, has instructed the Appellant to withdraw the Appeal. In view of that, the Appeal stands disposed of as withdrawn.

( A.M.BADAR J.) ( S.V.GANGAPURWALA J.) Gaikwad RD 1/1