Sun Tan Trading Co.Ltd. v. Assistant Commissioner Of Income-Tax Circle-1(3)(1), Mumbai And 2 ORS.

19-WP-2787-2017.DOC jsn

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION WRIT PETITION NO. 2787 OF 2017 Sun Tan Trading Co. Ltd.

... Petitioner

Versus

Assistant Commissioner of Income Tax, Mumbai & Ors.

...Respondents

Mr. Paras Savla, for the Petitioner.

Mr. P.C. Chhotaray, for the Respondents.

CORAM:

M.S.SANKLECHA & RIYAZ I. CHAGLA, JJ.

DATED:

15TH FEBRUARY 2018 PC:- 1.

This Petition challenges the notice dated 31st March2017 issued under Section 148 of the Income Tax Act, 1961 (the Act) seeking to re-open the assessment relates to Assessment Year 2010-11. Mr. Chhotaray, the learned counsel for the Revenue - Respondents on instructions states that, the Revenue has decided to drop re-assessment proceedings consequent to notice dated 31st March 2017.

2.

In view of the statement made on behalf of the Revenue, Mr. Savla, the learned counsel for the Petitioner seeks to withdraw the Petition. The Petition is dismissed as withdrawn. ( RIYAZ I. CHAGLA J. ) (M.S.SANKLECHA, J.) 1/1