In M/S Devidayal Non-Ferrous Industries (P) Ltd v. The Commissioner Of Income Tax, Mumbai, the High Court (2015) decided the matter.
Decision: 3.In view of the above, the reference is disposed of aswithdrawn and it is returned unanswered. [G.S.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX REFERENCE NO. 265 OF 1999
M/s Devidayal Non-Ferrous Industries (P) Ltd...ApplicantVs.The Commissioner of Income Tax, Mumbai..Respondent
..Respondent
....Ms. Uma Jha, Advocate i/b Niranjan & Co. for Applicant.....
P.C.:
CORAM : M.S. SANKLECHA & G.S. KULKARNI, JJ.DATED : 21 AUGUST 2015
The applicant in the present reference seeks liberty towithdraw the present reference.
2.In view of the fact that the applicant is not interested inpursuing the present reference, the question of law proposed for ourconsideration is not required to be answered.
3.In view of the above, the reference is disposed of aswithdrawn and it is returned unanswered.
[G.S. KULKARNI, J]
[M.S. SANKLECHA, J.]
S.S.DESHPANDE
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