In Ia/2281/2019 Of The Principal Commissioner Of Income Tax-2 Mumbai v. Jik Industries Ltd, the High Court (2021) dismissed the appeal. The decision went in favour of the assessee.
Decision: 3Office objections to be removed within two weeks from today, failing which, the appeal will stand dismissed without further reference to thiscourt.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INTERIM APPLICATION NO.2281 OF 2019
IN
INCOME TAX APPEAL (L) NO.2556 OF 2019
The Principal Commissioner of Income Tax-2 Mumbai
….Appellant/Applicant
V/s.
JIK Industries Ltd.
…Respondent
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Mr. P. C. Chhotaray for applicant/appellants. Mr. Sameer Dalal i/b. Sudhakar Lakhani for respondent.
----
CORAM : K.R. SHRIRAM &
ABHAY AHUJA, JJ.
DATED : 12[th] AUGUST 2021
P.C. :
1Heard Mr. Chhotaray and also considered the application. The reasons
are explained in the affidavit and we are satisfied with the explanation. Thedelay is condoned.
2Application accordingly stands disposed.
3Office objections to be removed within two weeks from today, failing
which, the appeal will stand dismissed without further reference to thiscourt.
(ABHAY AHUJA, J.)
(K.R. SHRIRAM, J.)
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