2019 (10) TMI 782 - SCH - Income Tax

Deduction u/s 80O - technical services rendered out of India - even if it was to be held that a portion of the said services were managerial services, the same would be regarded as technical services - HELD THAT - Learned counsel for the appellant, on instructions, in terms of the Circular dated 22.8.2019 bearing number F.No. 390/Misc./116/2017-JC issued by the Department of Revenue, Ministry of Finance, seeks permission to withdraw this appeal alongwith pending applications therein due to low tax effect. Permission is granted, subject to just exceptions.

Summary

The Supreme Court allowed the appellant to withdraw the appeal and pending applications due to low tax effect as per a circular from the Department of Revenue. The appeal and applications were dismissed as withdrawn, leaving the question of law open.