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Bombay High CourtITXA/777/2024withdrawn

Network18 Media And Investment Ltd v. The Asst. Commissioner Ofincome-Tax Central Circle - 3(3)

2025-07-07Hon'Ble Shri Justice G. S. Kulkarni , Hon'Ble Justice Shri Arif S. Doctor2 pages

3-ITXAL 25644-23.DOC Digitally signed by PRAJAKTA SAGAR VARTAK Date:

2025.07.09 15:59:14 +0530 PRAJAKTA SAGAR VARTAK Prajakta Vartak

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL (L.) NO. 25644 OF 2023 The Principal Commissioner of Income Tax-2 ..Appellant Vs.

Network 18 Media & Investment

...Respondent

AND INCOME TAX APPEAL NO. 777 OF 2024 Network 18 Media & Investment ..Appellant Vs.

The Assistant Commissioner of Income Tax Circle Sangli & Ors.

...Respondents

_______ Mr. Vipul Bajpayee for Appellant in ITXAL No. 25644 of 2023 and for Respondent in ITXA No. 777 of 2024.

Mr. P. C. Tripathi, Mr. Ketan Dave i/b. A. S. Dayal & Associates for Respondent in ITXAL No. 25644 of 2023 and for Appellant in ITXA No. 777 of 2024.

_______

CORAM:

G. S. KULKARNI & ARIF S. DOCTOR, JJ.

DATE:

07 JULY 2025.

P.C.

1.

The proceedings are listed today for speaking to the minutes of the order dated 30 June 2025.

2.

Having considered the praecipe, delete paragraph 3 and the same be substituted by the following paragraph:- "3.

Both the learned counsel for the appellants seek leave to withdraw these appeals as the assessee has settled the dispute for A.Y. 2014-15 under Direct Tax Vivad se Vishwas Scheme 2024 and the Designated Authority has issued Form-4 dated 24 June 2025 stating that zero amount is payable 07 July 2025

3-ITXAL 25644-23.DOC in respect of both the appeals in full and final settlement of the dispute, a copy of which is placed on record."

3.

The order be corrected accordingly by such substitution and made available to the parties.

(ARIF S. DOCTOR, J.) (G. S. KULKARNI, J.) 07 July 2025