In M/S. Eversmile Properties P.ltd v. The Chief Commissioner Of Income Tax, the High Court (2009) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
WRIT PETITION NO. 751 of 2009
M/s. Eversmile Properties P.Ltd....Petitioners Vs.The Chief Commissioner of Income Tax...Respondents
Mr. S.N.Inamdar with Ms.Vasanti B. Patel, Advocates for the petitioners.None for the respondents.
CORAM : F.I. REBELLO & J.H. BHATIA, JJ.
DATED : 15TH JUNE, 2009
P.C.
1.None present for the respondents.
2.There will be interim relief in terms of prayer clause (e) on the petitioners furnishing a Bank Guarantee for 50% amount and a bond for the remaining 50%. The Bank Guarantee and the Bond to be furnished within two weeks from today.
(J.H. BHATIA,J.)
(F.I. REBELLO,J.)
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