Digitallyminalsigned Byminal v. Parabv.date:2021.01.12Parab12:40:48+0530

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTIONINCOME TAX APPEAL NO.1012 OF 2012 M/s. Mipco Seamless Rings (Guj.) Limited…AppellantVs.Commissioner of Income Tax-6…Respondent Ms. Rutuja Pawar a/w. Ms. Hetal Laghave for Appellant.Mr. Arvind Pinto for Respondent. CORAM : UJJAL BHUYAN &MILIND N. JADHAV, JJ.DATE :JANUARY 11, 2021 P.C.: Heard Ms. Rutuja Pawar, learned counsel for the appellant andMr. Arvind Pinto, learned standing counsel Revenue for the respondent. 2.This appeal under section 260-A of the Income Tax Act, 1961 hasbeen preferred by the assessee against the order dated 01.02.2017 passedby the Income Tax Appellate Tribunal, 'B' Bench, Mumbai in I.T.A.No.2680/Mumbai/2010 for the assessment year 2006-2007. 3.The appeal was admitted by this Court on 10.03.2014 on thesubstantial questions of law framed in the said order. 4.Today the appeal is before us on praecipe filed by learned counselfor the appellant. 5.Ms. Pawar submits that Parliament has enacted the Direct TaxVivad se Vishwas Act, 2020 (briefly ‘the Act’ hereinafter) providing for ascheme for settlement of tax disputes. In terms of the said scheme,appellant had filed declaration under section 3 thereof before theDesignated authority. Designated Authority had issued a certificateunder section 5(1) of the said Act. However, before passing of the final order under section 5(2) of the said Act, appellant is required towithdraw the appeal under section 4(3) thereof. Hence, the prayer forwithdrawal of the appeal. 6.Learned counsel for the respondent has no objection to the prayermade for withdrawal of the appeal. 7.Considering the above, we allow the appellant to withdraw theappeal.appeal. 8.Appeal is accordingly disposed of on withdrawal. 9.Refund as per Rules. 10.This order will be digitally signed by the Private Secretary of thisCourt. All concerned will act on production by fax or email of a digitallysigned copy of this order. (MILIND N. JADHAV, J.) (UJJAL BHUYAN, J.) Minal Parab