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<h1>Supreme Court dismisses appeals; High Court to decide on merits</h1> The Supreme Court of India dismissed the appeals as infructuous. The appeal of the assessee pending in the High Court of Bombay will be decided on its own ... Maintainability of appeal - HELD THAT:- Since the subject matter of these appeals has become infructuous, the appeals stand dismissed as infructuous - the appeal of the assessee which is pending in the High Court of Bombay shall be decided on its own merits. The Supreme Court of India dismissed the appeals as infructuous. The appeal of the assessee pending in the High Court of Bombay will be decided on its own merits.