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Ia/2088/2021 Of The Principal Commissioner Of Income Tax-6 v. Karthik Financial Services Ltd

High Court 22 Mar 2022 In favour of: Revenue

Forum / Bench

High Court · newos

Parties

Date of order

22 Mar 2022

Assessment year(s)

—

Outcome

Allowed

Case summary

In Ia/2088/2021 Of The Principal Commissioner Of Income Tax-6 v. Karthik Financial Services Ltd, the High Court (2022) allowed the appeal. The decision went in favour of the Revenue.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

PURTIPRASADPARABDigitally signed byPURTI PRASADPARABDate: 2022.03.2416:06:36 +0530 IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION NO. 2088 OF 2021IN INCOME TAX APPEAL (L) NO. 307 OF 2020 The Principal Commissioner of IncomeTax – 6 V/s. Karthik Financial Services Ltd. ….Applicant/Appellant …Respondent ---- Mr. Suresh Kuamr for Applicant/Appellant. ---- CORAM : K.R. SHRIRAM &N. R. BORKAR, JJ. DATED : 22[nd] MARCH, 2022 P.C. : 1.None for respondent. Mr. Suresh Kumar states that the InterimApplication has been served and affidavit of one Vidya Pradeep Nairaffirmed on 14[th] September, 2021 has been filed but the same is not in theRecord and Proceedings stating that service has been effected on 2[nd]September, 2021. No reply has been filed opposing the application. 2.Heard Mr. Suresh Kumar and also considered the Interim Application. For reasons mentioned therein Interim Application is allowed.Delay condoned. 3.Interim Application disposed. 4. Appeal to come up for hearing in due course. 5. All office objections to be removed within four weeks from today failing which appeal will get dismissed without further reference to this court. (N. R. BORKAR, J.) (K.R. SHRIRAM, J.)

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This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.

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