In It v. Madgavkar, the High Court (2007) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF BOMBAY AT GOA
CIVIL APPLICATION NO. 23 OF 2007
M/S. EMERALD CRUISES REPRESENTED
IT PARTNER MR. ANAND V. MADGAVKAR
VersusTHE INCOME TAX APPELLATE TRIBUNAL AND 2 ORS.
... Applicant
... Respondents
Mr. M. S. Sonak, Advocate for the Applicant.
P.C.:-
-Coram:S.A.BOBDE &
N. A. BRITTO, JJ.
-Date:
26th March, 2007
Mr. M. S. Sonak, the learned Counsel for the applicant states thatthe amount for dispute has already been deposited by the applicant withthe Revenue.
Accordingly, the amount shall be subject to the result of the Appeal.
S.A.BOBDE, J.
RD.
N. A. BRITTO, J.
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.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.