Nma/130/2007 Of The Commissioner Of Income Tax, Cnetral-Iii, Mumbai v. M/S. Lyka Laboratories Ltd
High Court
04 Feb 2008 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Nma/130/2007 Of The Commissioner Of Income Tax, Cnetral-Iii, Mumbai v. M/S. Lyka Laboratories Ltd
Date of order
04 Feb 2008
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Nma/130/2007 Of The Commissioner Of Income Tax, Cnetral-Iii, Mumbai v. M/S. Lyka Laboratories Ltd, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO.130 OF 2007
ININCOME TAX APPEAL(L)NO.2314 OF 2006
The Commissioner of Income Tax,..Appellant Mumbai
V/s.
M/s.Lyka Labs Ltd...RespondentMumbai
Mr.P.S.Sahadevan, Advocate, for Appellant Mr.Jitendra Singh, Advocate, for Respondent
CORAM : F.I.REBELLO &R.S.MOHITE,JJ.
DATE : 4TH FEBRUARY, 2008
P.C.
.This is a Notice of Motion for condoning adelay of 148 days in filing of the main appeal.Perusal of the affidavit in support indicates thatthe file was sent for drafting an appeal memo on28[th] April, 2006 and the draft appeal memo wasreceived on 10[th] November, 2006. A period of oversix months for drafting an appeal memo cannot besaid to be reasonable in this case where the taxeffect was only Rs.3,00,000/-. In our view,
therefore, the cause shown does not amount tosufficient cause and hence, the Notice of Motionstands dismissed.
(R.S.MOHITE, J.)
(F.I.REBELLO, J.)
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