Hathway Investments Private Limited v. The Additional Commissioner Of Income Tax
(8)-ITXA-217-14.doc.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION Digitally signed by Balaji G.
Panchal Date:
2021.01.21 17:21:03 +0530 Balaji G.
Panchal INCOME TAX APPEAL NO.217 OF 2014 Hathway Investments Private Limited ..Appellant
Versus
Additional Commissioner of Income Tax ..Respondent Ms. Tasneem Zaveri i/by Kanga & Co., for the Appellant. Mr. Sham Walve, for the Respondent.
CORAM : UJJAL BHUYAN & MILIND N. JADHAV, JJ.
DATE : 21st JANUARY, 2021 P.C.
1.
Heard Ms. Tasneem Zaveri, learned counsel for the appellant and Mr. Sham Walve, learned counsel for the respondent. 2.
This appeal has been preferred by the assessee as the appellant under section 260A of the Income Tax Act, 1961 against the order dated 07.08.2013 passed by the Income Tax Appellate Tribunal, "I" Bench, Mumbai in ITA No.735/Mum/2005 for the assessment year 2001-02. 3.
The appeal was admitted by this Court by order dated 28.06.2017 on the substantial question of law framed in the said order. 4.
The appeal is before us today on praecipe filed by learned counsel for the appellant.
BGP.
(8)-ITXA-217-14.doc.
5.
It is stated that Parliament has enacted the Direct Tax Vivad se Vishwas Act, 2020 providing for a scheme for resolution of tax disputes. In terms thereof, appellant has filed declaration under section 3 before the designated authority. Designated authority issued certificate under section 5(1). For passing of the final order under section 5(2), appellant is required to withdraw the appeal under section 4(3) and to furnish proof of withdrawal along with intimation of payment, if any, to the designated authority. Hence, prayer for withdrawal of the appeal. 6.
Learned counsel for the respondent has no objection to the prayer made.
7.
Having regard to the above, we allow withdrawal of the appeal. 8.
Appeal is accordingly disposed of as withdrawn. 9.
Refund as per rules.
MILIND N. JADHAV, J UJJAL BHUYAN, J BGP.