City Vi, Mumbai v. M/S.goodlass Nerolac Paints Ltd

IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION NOTICE OF MOTION NO.2111 OF 2003 NOTICE OF MOTION NO.2111 OF 2003 NOTICE OF MOTION NO.2111 OF 2003 IN IN IN INCOME TAX APPEAL (LODG) NO.692 OF 2003 INCOME TAX APPEAL (LODG) NO.692 OF 2003 INCOME TAX APPEAL (LODG) NO.692 OF 2003 The Commissioner of Income Tax, City VI, Mumbai .. Appellant V/s M/s.Goodlass Nerolac Paints Ltd. .. Respondent Mr.A.Kotangale for the Appellant. Mr.S.J.Mehta for the Respondent. CORAM : DR.S.RADHAKRISHNAN& CORAM : DR.S.RADHAKRISHNAN CORAM : DR.S.RADHAKRISHNAN J.P.DEVADHAR, JJ. DATE : 5th March, 2007. DATE : 5th March, 2007. DATE : 5th March, 2007. P.C.: P.C.: 1. Heard the learned Counsel for the parties. The learned Counsel for the Appellant seeks leave to withdraw the Notice of Motion in view of the fact that the question of law raised in the Appeal is squarely covered by the decision of the Supreme Court in the case of CIT V/s.Indo Nippon Chemicals Co.Ltd.- (2003) 261 ITR275 (SC), against the Revenue. Notice of Motion is therefore allowed to be withdrawn and dismissed as such. (J.P.DEVADHAR, J.) (J.P.DEVADHAR, J.) (DR.S.RADHAKRISHNAN,J.) (DR.S.RADHAKRISHNAN,J.) (J.P.DEVADHAR, J.)