In Nma/661/2004 Of Director Of Income Tax (Internationa Taxation) v. M/S Tata Iron & Steel Co Ltd, the High Court (2007) allowed the appeal. The decision went in favour of the Revenue.
Decision: Hence, appeal is allowed to bewithdrawn and dismissed as such.2.
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 JURISDICTIONNOTICE OF MOTION NO.661 OF 2004ININCOME TAX APPEAL (L) NO.226 of 2004ININCOME TAX APPEAL NO. OF 2004The Director of Income Tax (InternationalTaxation) Mumbai-38.. AppellantvsM/s Tata Iron & Steel Co Ltd. .. RespondentMs.P.P.Bhosale forAppellantMr.P.C.Tripathi for RespondentCORAM : DR.S.RADHAKRISHNAN &V.C.DAGA, JJDATE : 5th June, 2007P.C.1. Heard learned counsel for the appellant andrespondent. Learned counsel for the appellantseeks leave to withdraw the above appeal as the taxliability involved in the above is less thanRs.4,00,000/-. Hence, appeal is allowed to bewithdrawn and dismissed as such.2. Permissible court fees be refunded to theappellant as per rules.(V.C.Daga, J)(Dr.S.Radhakrishnan, J)
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