In Cmapl/389/2016 Of Principal Commnr.of Income Tax v. Bhubaneswar Stock Exchange Association Ltd, the High Court (2019) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
02. 18.12.2019
SKJ
Learned counsel for the appellant-Income Tax Department requests for time.
Earlier time was granted to the appellant in the appeal, which is sought to be restored. Therefore, we are not inclined to grant further time.
In that view of the matter, request for time is rejected. Accordingly, the CMAPL stands dismissed.
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( K.S. Jhaveri ) Chief Justice
…………………..……… (K.R. Mohapatra) Judge
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