Itxa/1247/2012 Of Pfizer Products India Pvt. Ltd v. The Dy. Commissioner Of Income Tax, Range 8 (2)

*1* SbwIN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1247 OF 2012 Pfizer Products India Pvt. Ltd...Appellant-Versus-The Deputy Commissioner of Income Tax..Respondent ........... Mr. P. J. Pardiwalla, Senior Counsel, with Mr. Nishant Thakkar with Jas Sanghavi i/b. PDS Legal for the Appellant.Mr. Arvind Pinto for the Respondent. ........... CORAM: S.C. DHARMADHIKARIAND A. K. MENON, JJ. P.C.: DATE :- 24[th] SEPTEMBER, 2014 1]Mr. Pardiwalla, learned Senior Counsel, appearing in support of this Appeal, on instructions state that the Appellant-Assessee does not wish to press the Appeal only because of the meager amount of penalty. It is the quantum of penalty and which is to the tune of Rs.7,87,968/- that has led to the learned Senior Counsel being instructed not to press this Appeal. 2]Accepting the statement of Mr. Pardiwalla and not expressing any opinion on the rival contentions particularly on the proposed questions of law, we dispose of this Appeal as withdrawn. No costs. (A. K. MENON, J.) (S.C. DHARMADHIKARI, J.)