1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.672 OF 2002 The Commissioner of Income- Tax - II, Thane .. Appellant. V/s. Singhal Swaroop Ispat Ltd .. Respondent. Ms.S.V. Bharucha i/b. K.B. Rao for the appellant. CORAM : R.M. LODHA, & CORAM : R.M. LODHA, & CORAM : R.M. LODHA, & J.P. DEVADHAR, JJ. J.P. DEVADHAR, JJ. J.P. DEVADHAR, JJ. DATED : 3RD SEPTEMBER, 2004. DATED : 3RD SEPTEMBER, 2004. DATED : 3RD SEPTEMBER, 2004. P.C. : Confronted with the difficulty that the issue raised in this appeal is squarely concluded by the judgment of the Supreme Court in the case of CIT V/s. Indo-Nippon Chemicals Co. Ltd. [261 ITR 275], the learned counsel for the revenue prays for withdrawal of the appeal. 2. The appeal is allowed to be withdrawn. 3. Refund of court fee as per law. (R.M. LODHA, J.) (R.M. LODHA, J.) (R.M. LODHA, J.) (J.P. DEVADHAR, J.) (J.P. DEVADHAR, J.) (J.P. DEVADHAR, J.)