SLP(C) 27055 1 ITEM NO.59 COURT NO.2 SECTION IX SUPREME COURT OF INDIA RECORD OF PROCEEDINGS Petition(s) for Special Leave to Appeal (C) No.27055/2016 (Arising out of impugned final judgment and order dated 07-04-2016 in ITA No. 2461/2013 passed by High Court of Bombay) COMMISSIONER OF INCOME TAXI Petitioner(s) VERSUS M/S GENERAL INSURANCE CORPORATION OF INDIA Respondent(s) Date : 10-07-2017 This petition was called on for hearing today. CORAM : HON'BLE MR. JUSTICE DIPAK MISRA HON'BLE MR. JUSTICE A.M. KHANWILKAR HON'BLE MR. JUSTICE MOHAN M. SHANTANAGOUDAR For Petitioner(s) Mr. K. Radhakrishnan, Sr. Adv. Mr. Anil Katiyar, AOR For Respondent(s) Mr. F.V. Irani, Adv. Mr. Rustom B. Hathikhanawala, AOR UPON hearing counsel Court made following ORDER Heard Mr. K. Radhakrishnan, learned senior counsel for petitioner and Mr. F.V. Irani, learned counsel for respondent. It is submitted by Mr. Radhakrishnan that interpretation of Explanation III to Section 147 of Signature Not Verified Digitally signed by CHETAN KUMAR Income Tax Act does not arise in this special leave petition Date: 2017.07.18 14:27:36 IST Reason: and further on merits issue has been decided in favour of assessee. SLP(C) 27055 2 In view of statement made by revenue at Bar, we do not intend to keep this special leave petition alive and it is, accordingly, disposed of. There shall be no order as to costs. (Chetan Kumar) (H.S. Parasher) Court Master Court Master Commissioner of Income-tax-I v. General Insurance Corporation of India