Appellant permitted to withdraw tax appeal for AY 2002-03 due to low tax effect

The High Court allowed the appellant to withdraw the tax appeal for Assessment Year 2002-03 due to the tax effect being less than Rs. 20 lakhs. The withdrawal was permitted without costs, and the court fees were ordered to be refunded.

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The High Court Bombay High Court judgment for Assessment Year 2002-03 involved a tax appeal where the tax effect was less than Rs. 20 lakhs. The appellant sought to withdraw the appeal, which was granted with no costs, and court fees were to be refunded.

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