Authority: High Court of Judicature at Bombay
Order Date: 3 September 2026
Case Overview
- Appellant: Principal Commissioner of Income Tax‑28 (Revenue) represented by counsel Mr Arjun Gupta.
- Respondent: Kulswami Co.op. Credit Society, Ltd., represented by counsel Mr V.S. Hadade.
- Appeal No.: 2687 of 2018, filed in the Ordinary Original Civil Jurisdiction of the Bombay High Court.
- The appellant sought withdrawal of the appeal, arguing that the tax effect was below Rs 2 crore and invoking Circular No. 09/2024 dated 17 September 2024, which permits withdrawal for matters below that threshold.
- The bench comprised Justice Suman Shyam and Justice Advait M. Sethna.
Final Outcome
- The Court disposed of the appeal as withdrawn, accepting the appellant’s request.
- The substantive legal questions raised in the appeal were left open for determination in a suitable future proceeding.
- The Court directed that, if the appellant applies, a refund of court fees be made in accordance with the applicable Rules.
Topics: Income Tax, Court Order, Legal Withdrawal