Commissioner Of Income Tax-10 v. M/S.indian Oil Corporation Ltd

bsb IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 1172 OF 2013 Commissioner of Income Tax-10 … Appellant v/s M/s.Indian Oil Corporation Ltd. … Respondent Mr.Arvind Pinto for the appellant. Mr.R. Murlidhar a/with Mr.A.K. Jasani for the respondent. CORAM: S.C. DHARMADHIKARI & G.S. KULKARNI, JJ.DATED : 6TH MARCH, 2014 P. C. : 1Having heard Mr.Pinto at some length, we find that his persuasion will not enable us to consider as to whether any substantial question of law arises for determination and consideration. The assessment year in question is 1988-1989. The case pertains to Indian Oil Corporation which is a public sector undertaking. The proceedings in this assessment year finally concluded by an order passed by the Tribunal in the year 2012. It would, therefore, be appropriate to keep the question of law which is tried to be raised before us open for being considered in an appropriate case. Since all the records and proceedings are fairly in a old case that too of a public sector Corporation, we are of the opinion that, by keeping the issue open for being considered in an appropriate case, this appeal deserves to be disposed of. It is accordingly disposed of. (G.S. KULKARNI, J.) (S.C.DHARMADHIKARI, J.)