Formerly Known As Hindustan Lever Ltd v. Deputy Commissioner Of Income-Tax, Special Range-31 And Others

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 387 OF 2014 Hindustan Unilever Ltd. (Formerly known as Hindustan Lever Ltd.)..Appellant Versus Deputy Commissioner of Income-tax, Special Range-31 and others ..Respondents ................... Mr. Rajesh Poojary i/by Mulla & Mulla Craigie Blunt and Caroe for theAppellant.Appellant. Mr. Suresh Kumar for the Respondents. ................... CORAM : UJJAL BHUYAN & MILIND N. JADHAV, JJ. DATE : FEBRUARY 03, 2021. P.C.: Heard Mr. Rajesh Poojary, learned counsel for the appellant andMr. Suresh Kumar, learned standing counsel, revenue for therespondents. 2. This appeal under section 260A of the Income Tax Act, 1961 hasbeen preferred by the assessee as the appellant against the order dated21.08.2013 passed by the Income Tax Appellate Tribunal, Mumbai Bench, "J" Bench, Mumbai in ITA No. 5579/Mum/1998 and ITA No.5331/Mum/1998 for the assessment year 1993-94. 3.The appeal was admitted by this Court on 20.09.2016 on thesubstantial questions of law framed in the said order. 4.Today the appeal is before us on a praecipe filed by learnedcounsel for the appellant. 5. It is submitted that Parliament has enacted the Direct Tax Vivadse Vishwas Act, 2020 (briefly 'the Act' hereinafter) providing for ascheme for resolution of tax disputes. Appellant has filed a declarationunder section 3 of the said Act before the Designated Authority whichhad thereafter issued a certificate under section 5(1) of the said Actdetermining the amount payable by the appellant at Nil. However, forpassing of the final order under section 5(2) of the said Act, appellantis required to withdraw the appeal in terms of section 4(3) thereof.Hence, the prayer for withdrawal of the appeal. 6. Learned counsel for the respondent has no objection to theprayer made for withdrawal of the appeal. 7. Considering the above, we allow the appellant to withdraw theappeal. Accordingly, the appeal is disposed of as withdrawn.appeal. Accordingly, the appeal is disposed of as withdrawn. 8. Refund as per Rules. [ MILIND N. JADHAV, J. ] [ UJJAL BHUYAN, J. ] Digitally signedRavindraby Ravindra M.AmberkarM.Date:Amberkar2021.02.0514:46:25+0530