Relief to Abu-Dhabi Commercial Bank: Bombay HC allows withdrawal of appeal on disputed Income Tax claim being valued at “Nil” [Read Order]

By Kalyani B. Nair - On April 17, 2023 9:00 pm - 2 mins read

Abu-Dhabi Commercial Bank - Commercial Bank - Bombay High Court - withdrawal - appeal - Income Tax -claim - Taxscan

The Bombay High Court allowed the withdrawal of appeal on disputed income tax claim being valued at “Nil”, thereby granting relief to Abu-Dhabi Commercial Bank Ltd. Abu Dhabi Commercial Bank (ADCB), the petitioner is a subsidiary of Abu Dhabi Investment Council, is a provider of traditional and Islamic banking solutions to individuals, high net worth…

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