IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1406 OF 2008 The CIT-20, Mumbai )..Appellant V/s. M/s.Universal Textile Waterproof ) Co (I) Ltd., )..Respondents ---- Mr.R.Ashokan for the appellant. Mr.A.K.Jasani for the respondents. ---- Coram : F.I.Rebello & R.S.Mohite,JJ Date : 16.02.2009. PC 1. Considering the Board Circular dated 15.5.2008 as interpreted by this Court in Income-tax Appeal No.1241 of 2008 in CIT Vs. M/s.Polycott Corporation, decided on 23rd January, 2009 and also considering the order of ITAT and consequent thereto the tax effect will be Rs.3,31,056/-, learned Counsel seeks leave to withdraw the appeal. Appeal dismissed as withdrawn. Refund of court fees as per rules. (R.S.Mohite,J) (F.I.Rebello,J)