SC allows withdrawal of SLP with pending applications due to low tax effect

PCIT Vs Subrna Rice Mill (Supreme Court) Special leave petition along with pending applications can be withdrawn if there is low tax in the hands of assessee. FULL TEXT OF THE SUPREME COURT JUDGEMENT Learned counsel for the petitioner, on instructions issued by the Department of Revenue, Ministry of Finance vide F. No. 390/Misc./116/2017-JC dated 22.08.2019, seeks permission to withdraw this special leave petition along with pending applications therein due to low tax effect. Permission granted, subject to just exceptions. The special leave petition and pending applications are dismissed as wi...