Pr Commissioner Of Income Tax 3 v. Sas Research And Development India Private Limited

419-ITXA-62-2025.DOCX by PALLAVI MAHENDRA WARGAONKAR Date:

2025.10.10 11:33:26 +0530 PALLAVI MAHENDRA WARGAONKAR Pallavi

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL (IT) NO. 62 OF 2025 (SR. NO.419) Pr Commissioner Of Income Tax 3 ...Appellant

Versus

Sas Research and Development India Private Limited

...Respondent

WITH INCOME TAX APPEAL (IT) NO. 132 OF 2025 (SR. NO.422) Pr Commissioner of Income Tax 3 Pune ...Appellant

Versus

Sas Research and Development India Private Limited

...Respondent

_________________________________________________________________ Mr. Vikas T. Khanchandani for Appellant.

Mr. Jasmin Amalsadvala i/b. Lumiere Law Partners. _________________________________________________________________ CORAM : M.S. Sonak & Advait M. Sethna, JJ.

DATED : 8 October 2025 P.C.:- 1.

Mr. Khanchandani, learned counsel for the Appellant, based on instructions, seeks leave to withdraw these Appeals on the ground that the tax effect is less than Rs.2 Crores.

2.

Accordingly, leave is granted. We dispose of the Appeals as withdrawn, leaving open all the questions of law raised in the Appeals.

419-ITXA-62-2025.DOCX 3.

If, at the later stage, it is found that the tax effect is greater than Rs. 2 Crores or that the matter falls within any of the exceptions to the CBDT Circular, liberty is granted to the Appellant to apply for revival/restoration within a reasonable time, i.e., on or before 31st January 2026. 4.

The Appellant will be entitled to refund of Court fees in accordance with Rules.

(Advait M. Sethna, J) (M. S. Sonak, J.)