M/S. Samir Diamonds v. Dy. Commissioner Of Income Tax

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.701 OF 2003 M/s. Samir Diamonds..Appellant VersusDy. Commissioner of Income Tax ..Respondent Ms. Vasanti Patel for appellant. CORAM:M.S.SANKLECHA &SANDEEP K. SHINDE, JJ. DATE :13[th] June 2018. P.C. 1]This appeal under section 260 A of the Income Tax Act, 1961 was against the order of Income Tax Appellate Tribunal dated 24[th] November 2004 on the following substantial question of law:- (a)Whether on the facts and in the circumstances of the case and in law, the ITAT was justified in law in holding that the AO was justified in withdrawing the interest of Rs.3,09,913/- which was already granted to the appellant earlier under the existing provisions of Section 244(1A) of the Act for the Assessment Year `1984-85?” 2]Ms. Patel, learned Counsel for the appellant has been instructed not to press the present appeal. Accordingly, the appeal is dismissed as not pressed. (SANDEEP K. SHINDE, J) (M.S.SANKLECHA, J.)