Principal Commissioner of Income-tax v. Metrochem Industries Ltd. (Now Metro Global Ltd.)
[Citation -2020-LL-0113-32]

Citation 2020-LL-0113-32
Appellant Name Principal Commissioner of Income-tax
Respondent Name Metrochem Industries Ltd. (Now Metro Global Ltd.)
Court SUPREME COURT
Relevant Act Income-tax
Date of Order 13/01/2020
Judgment View Judgment
Keyword Tags low tax effect
Bot Summary: UPON hearing the counsel the Court made the following ORDER Learned counsel for the petitioner, on instructions issued by the Department of Revenue, Ministry of Finance vide F.No. 116/2017-JC dated 22.08.2019, seeks permission to withdraw this special leave petition along with pending applications therein due to low tax effect. The special leave petition and pending applications are dismissed as withdrawn, leaving question(s) of law open.


ITEM NO.47 COURT NO.7 SECTION III SUPREME COURT OF INDIA RECORD OF PROCEEDINGS Petition(s) for Special Leave to Appeal (C) No(s). 18494/2017 (Arising out of impugned final judgment and order dated 19-07-2016 in TA No. 676/2008 passed by High Court Of Gujarat At Ahmedabad) PRINCIPAL COMMISSIONER OF INCOME TAX Petitioner(s) VERSUS METROCHEM INDUSTRIES LTD. (NOW METRO GLOBAL LTD.) Respondent(s) (FOR ADMISSION ) Date : 13-01-2020 This petition was called on for hearing today. CORAM : HON'BLE MR. JUSTICE A.M. KHANWILKAR HON'BLE MR. JUSTICE DINESH MAHESHWARI For Petitioner(s) Mr. Arijit Prasad, Sr. Adv. Mr. Syed Abdul Haseeb, Adv Mrs. Anil Katiyar, AOR For Respondent(s) Ms. Manisha T. Karia, AOR Mr. Shashank S. Mangal, Adv. Ms. Sukhda Kalra, Adv. Mr. Adarsh Kumar, Adv. UPON hearing counsel Court made following ORDER Learned counsel for petitioner, on instructions issued by Department of Revenue, Ministry of Finance vide F.No.390/Misc./116/2017-JC dated 22.08.2019, seeks permission to withdraw this special leave petition along with pending applications therein due to low tax effect. Permission granted, subject to just exceptions. special leave petition and pending applications are dismissed as withdrawn, leaving question(s) of law open. Signature Not Verified Digitally signed by CHARANJEET KAUR Date: 2020.01.15 18:44:13 IST Reason: (NEETU KHAJURIA) (VIDYA NEGI) COURT MASTER COURT MASTER Principal Commissioner of Income-tax v. Metrochem Industries Ltd. (Now Metro Global Ltd.)
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