Hindustan Unilever Ltd. (Formerly Known As Hindustan Lever Ltd v. Deputy Commissioner Of Income-Tax, Range 1(1) & Anr

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 866 OF 2015 Hindustan Unilever Ltd. (Formerly known as Hindustan Lever Ltd.)..Appellant Versus Deputy Commissioner of Income-Tax, Range 1(1) & Anr. ..Respondents ..................... Mr. Rajesh Poojary i/by Mulla & Mulla and Craigie Blunt & Caroe for theAppellant.Appellant. Mr. Suresh Kumar for the Respondents. ..................... CORAM : UJJAL BHUYAN & MILIND N. JADHAV, JJ. DATE : FEBRUARY 05, 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 dated30.10.2014 passed by the Income Tax Appellate Tribunal, Mumbai Bench, 'J' Mumbai in I.T.A. No.4449/Mum/1999 for the assessmentyear 1994-95. 3. The appeal was admitted by this Court on 14.02.2018 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 tax payable by the appellant. However, for passing ofthe final order under section 5(2) of the said Act, appellant is requiredto withdraw the appeal in terms of section 4(3) thereof. Hence, theprayer 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 Accordingly, the appeal is disposed of as withdrawn. 8. Refund as per Rules. [ MILIND N. JADHAV, J. ] [ UJJAL BHUYAN, J. ] Digitallysigned byRavindraRavindra M.AmberkarM.AmberkarDate:2021.02.0812:12:32+0530signed byRavindraRavindra M.AmberkarM.AmberkarDate:2021.02.0812:12:32+0530