In Ia/666/2020 Of Principal Commissioner Of Income Tax -32, Mumbai v. Ashok H. Sancheti, the High Court (2021) 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.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INTERIM APPLICATION NO. 666 OF 2020
ININCOME TAX APPEAL NO. 1653 OF 2017
The Principal Commissioner of Income Tax 32
….Applicant/Appellant
V/s.
Ashok H. Sancheti
…Respondent
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Mr. Arvind Pinto for Applicant/Appellant. Ms. Aasifa Khan for Respondent.
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CORAM : K.R. SHRIRAM &ABHAY AHUJA, JJ. DATED : 9[th] AUGUST 2021
P.C. :
1.In view of what is stated in paragraph no.6 of the application
and in view of the liberty granted by this court as quoted in paragraph no.5
of the application, application is allowed. Appeal restored to file.
2.Application accordingly stands disposed.
3.Mr. Pinto states that he will serve a copy of this appeal during
the course of this week upon respondent.
4.Ms. Khan undertakes to file vakalatnama on behalf of
respondent within one week from today.
5.Appeal be listed for admission in due course.
(ABHAY AHUJA, J.)
(K.R. SHRIRAM, J.)
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