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Bombay High Court

INDIAN INSTITUTE OF BANKING AND FINANCE-2016-17versusCOMMISSIONER OFINCOME-TAX (EXEMPTIONS), MUMBAI

Decided
Disposal
WITHDRAWN

Holding

Leave to withdraw the pending appeals was granted.

Summary

The Indian Institute of Banking and Finance filed four income tax appeals before the Bombay High Court. Counsel for the appellant sought leave of the Court to withdraw all the appeals. The Court examined whether the procedural rules permitted such withdrawal at that stage. Finding no impediment, the Court allowed the application to withdraw. The appeals were consequently disposed of as withdrawn, with no costs awarded and a refund of court fees ordered.

Issues considered

  • Whether leave to withdraw pending income tax appeals may be granted by the Court

Subjects

  • income tax
  • appeal withdrawal
  • procedural law
  • court fees
  • costs

Judgment

                                                                                               4.ITXA255_2024.DOC
  2026:BHC-OS:20660-DB

               Vidya Amin
                                      IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                                          ORDINARY ORIGINAL CIVIL JURISDICTION

                                             INCOME TAX APPEAL NO. 255 OF 2024
                                                         WITH
                                             INCOME TAX APPEAL NO. 364 OF 2024
                                                         WITH
                                             INCOME TAX APPEAL NO. 294 OF 2024
                                                         WITH
                                             INCOME TAX APPEAL NO. 296 OF 2024

                        Indian Institute of Banking and Finance                       … Appellant
                              Vs.
                        Commissioner of Income Tax (Exemptions), Mumbai               … Respondent
                                                          __________
                        Mr. Nitesh Joshi a/w. Mr. Aasifa Khan i/b. Sameer Dalal for the appellant.
                        Mr. Prathamesh Bhosle for the respondent.
                                                          __________

                                                      CORAM:          G. S. KULKARNI &
                                                                      DR. NEELA GOKHALE, JJ.
                                                      DATE:           18 SEPTEMBER, 2026.

                        P.C.

                        1.        Mr. Joshi, learned counsel for the appellant, on instructions, seeks leave to

                        withdraw these appeals.

                        2.       Allowed to be withdrawn.

                        3.       Disposed of as withdrawn. No costs.

                        4.       Refund of Court fees as per rules.




                        (DR. NEELA GOKHALE, J.)                                    (G. S. KULKARNI, J.)




Signed by: Vidya S. Amin                                     Page 1 of 1
Designation: PS To Honourable Judge                      18 September, 2026
Date: 21/09/2026 11:38:02


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