Commissioner of Income Tax International Taxation - 3 v. Korea Marine Transport Co. Ltd.
Case brief
What is this about?
Bombay High Court ITA 1141 of 2025; withdrawal of income tax appeal on tax-effect ground; CBDT Circular No. 5/2024 dated 15 March 2024; tax effect Rs. 1,03,15,269/-; Commissioner of Income Tax International Taxation-3 v. Korea Marine Transport Co. Ltd.; appeal disposed of as withdrawn; refund of court fees; questions of law expressly kept open; no costs; decided 7 November 2025.
What did the court decide?
Appeal permitted to be withdrawn and disposed of as withdrawn; refund of court fees as per rules; questions of law expressly kept open; no costs. ¶15