Commissioner of Income Tax International Taxation - 3 v. Korea Marine Transport Co. Ltd.
Case brief
What is this about?
Bombay High Court Income Tax Appeal No. 1142 of 2025 (decided 07-11-2025) between Commissioner of Income Tax International Taxation-3 (appellant) and Korea Marine Transport Co. Ltd. (respondent); appeal disposed of as withdrawn for low tax effect of Rs. 1,53,65,312/- within CBDT Circular No. 5/2024 dated 15-03-2024 monetary limits; questions of law expressly kept open; refund of court fees as per rules; no costs; bench G. S. Kulkarni and Aarti Sathe, JJ.; counsel Subir Kumar with Niyanta Trivedi for appellant.
What did the court decide?
Appeal permitted to be withdrawn; refund of court fees as per rules; questions of law expressly kept open; no costs. ¶17