In Mcc/1030/2023 Of The Pr. Commissioner Of Income Tax I v. M/S Oref Securities P. Ltd, the High Court (2023) 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 MADHYA PRADESHAT INDORE
BEFORE LOK ADALAT
HON'BLE SHRI JUSTICE SUSHRUT ARVIND DHARMADHIKARI
&
SHRI PRASANNA PRASAD
ON THE 9[th] OF DECEMBER, 2023MISC. CIVIL CASE No. 1030 of 2023
BETWEEN:-
THE PR. COMMISSIONER OF INCOME TAX I AAYKARBHAWAN NEAR WHITE CHURCH INDORE (MADHYAPRADESH)
(NONE)AND
.....APPLICANT
M/S OREF SECURITIES P. LTD 69, AGRASEN NAGARBEHIND MID INDIA MANDSAUR (MADHYA PRADESH)
(NONE)
.....RESPONDENT
This application coming on for conciliation this day, Justice Sushrut
Arvind Dharmadhikari passed the following:
ORDER
The application is within time.
Heard on the application for restoration.
This MCC has been preferred for restoration of I.T.A. No. 123/2022,which was dismissed in peremptory order dated 13.04.2023.
Taking into consideration the facts and circumstances of the case, thisMCC is allowed and I.T.A. No. 123/2022 is restored to its original number.
A copy of this order be placed in the record of I.T.A. No. 123/2022.
2
(JUSTICE S. A. DHARMADHIKARI)MEMBER
Vatan
(PRASANNA PRASAD)MEMBER
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