Itxa/282/2002 Of M/S Saral Enterprises Iii v. The Asst.commissioner Of Income-Tax

Digitallysigned byMEERAMEERAMAHESHMAHESHJADHAVJADHAVDate:2021.12.1810:37:45+0530 IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTIONINCOME TAX APPEAL NO. 281 OF 2002 WITHINCOME TAX APPEAL NO. 282 OF 2002WITHINCOME TAX APPEAL NO. 202 OF 2002WITHINCOME TAX APPEAL NO. 300 OF 2002 M/s Saral Enterprises-IIT ….Appellant V/s. The Asstt. Commissioner of Income Tax…Respondents ---- Mr. A. R. Singh & Mr. Gobinda C. Mohanty i/b Mohanty & Associates for AppellantMr. Suresh Kumar for Respondents ---- CORAM : K.R. SHRIRAM &AMIT B. BORKAR, JJ DATED : 17th DECEMBER 2021 P.C. : 1After the appeals were heard for sometime, Mr. Singh sought leave ofthe court to withdraw the appeals with a plea that the Tribunal havingrejected appellant's submissions for deduction of the interest paid on accrualbasis, appellant should be permitted to approach the authorities to claimbenefit in the year the interest amount was paid on cash basis. 2It is open to appellant to make whatever representations or file anyplea before the concerned authorities and naturally, those authorities willconsider the plea in accordance with law. We are not making any observations or passing any directions to the authorities how such a request should be considered or dealt with. 3Appeals dismissed as withdrawn. (AMIT B. BORKAR, J) (K.R. SHRIRAM, J.)