Itxa/912/2014 Of The Commissioner Of Income Tax Tds Mumbai v. M/S. Shree Naman Developers Ltd
High Court
29 Nov 2016 In favour of: Assessee
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Itxa/912/2014 Of The Commissioner Of Income Tax Tds Mumbai v. M/S. Shree Naman Developers Ltd
Date of order
29 Nov 2016
Assessment year(s)
2009-10
Outcome
Dismissed
Case summary
In Itxa/912/2014 Of The Commissioner Of Income Tax Tds Mumbai v. M/S. Shree Naman Developers Ltd, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.
Decision: 4.In the above view, the appeal is dismissed as withdrawn.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Sections referenced in this judgment
The order — as passed by the High Court
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 912 OF 2014
The Commissioner of Income Tax, TDSMumbai
.. Appellant
v/s.
M/s. Shree Naman Developers Ltd.
.. Respondent
Mr. P.C. Chhotaray for the appellant None for the respondent
CORAM : M.S. SANKLECHA & A.K. MENON, J.J.
DATED : 29[th] NOVEMBER, 2016.
P.C.
1.This appeal by the Revenue challenges the order dated 14[th] August, 2013 passed by the Income Tax Appellate Tribunal relating to Assessment Year 2009-10.
2.The issue arising in this appeal is with regard to the applicability
of the TDS provisions under Section 194-I of the Act in respect of the payment made of premium for acquisition of long term lease.
3.Mr. Chhotaray, learned Counsel appearing for the Revenue states that in view of the CBDT Circular No.35 of 2016 dated 13[th] October,
2016, he has been instructed to withdraw the appeal.
4.In the above view, the appeal is dismissed as withdrawn. Refund
of Court fees as per Rules.
(A.K. MENON, J.)
(M.S. SANKLECHA, J.)
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