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Bombay High CourtIA/936/2025disposed off

Pr Commissioner Of Income Tax 5 Mumbai v. The Great Eastern Shipping Co Ltd Ay 2013 14 ITA 2076 Mum 2018

2026-01-06Hon'Ble Shri Justice Jitendra Shantilal Jain , Hon'Ble Shri Justice M.S. Sonak1 pages

2026:BHC-OS:144-DB Sayyed 25-IA.936.2025.docx IN IN THE THE HIGH HIGH COURT COURT OF OF JUDICATURE JUDICATURE AT AT BOMBAY BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION NO.936 OF 2025 INTERIM APPLICATION NO.936 OF 2025 IN IN INCOME TAX APPEAL (L) NO.1410 OF 2025 INCOME TAX APPEAL (L) NO.1410 OF 2025 WITH WITH INCOME TAX APPEAL (L) NO.1410 OF 2025 INCOME TAX APPEAL (L) NO.1410 OF 2025 Pr. Commissioner of Income Pr. Commissioner of Income Tax-5, Mumbai Tax-5, Mumbai ...

...Applicant/Appellant Applicant/Appellant

Versus

Versus

The Great Eastern Shipping Co. Ltd.

The Great Eastern Shipping Co. Ltd.

...

...Respondent

Respondent _____________________________________________________ Mr. Vikas T. Khanchandani for the Applicant/Appellant. Mr. Vikas T. Khanchandani for the Applicant/Appellant. Mr. Atul K. Jasani for the Respondent.

Mr. Atul K. Jasani for the Respondent.

_____________________________________________________ CORAM :

M. S. Sonak & Jitendra Jain, JJ.

DATED : 6 January 2026 PC.:- 1.

Heard learned counsel for the parties.

Heard learned counsel for the parties.

2.

Though, the case is made out for condoning the delay, Though, the case is made out for condoning the delay, Mr.

Mr. Khanchandani, on instructions, after fairly accepting that the tax Khanchandani, on instructions, after fairly accepting that the tax effect in this appeal is less than Rs.2 crores, seeks leave to withdraw this effect in this appeal is less than Rs.2 crores, seeks leave to withdraw this appeal.

appeal.

3.

Accordingly, the Interim Application and consequently the Accordingly, the Interim Application and consequently the Appeal itself, are disposed of as withdrawn by leaving the question of Appeal itself, are disposed of as withdrawn by leaving the question of law open. No costs.

law open. No costs.

4.

Refund of Court fees as per Rules.

Refund of Court fees as per Rules.

(Jitendra Jain, J.) (M. S. Sonak, J.) Signed by: Sayyed Saeed Ali Designation: PA To Honourable Judge Date: 07/01/2026 11:03:08