In Nma/1577/2006 Of The Commissioner Of Income Tax-2, Mumbai v. M/S Taida Trading And Industries Ltd, the High Court (2007) 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.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTIONNOTICE OF MOTION NO.1577 OF 2006IN INCOME TAX APPEAL (LOD) NO.736 OF 2006
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO.1577 OF 2006
IN
INCOME TAX APPEAL (LOD) NO.736 OF 2006
The Commissioner of Income Tax ..Appellant.
V/s.
M/s.Taida Trading & Industries Ltd. ..Respondent.
Mr.B.M.Chatterji with P.P.Bhosale for appellant.
Mr.P.S.Tripathi for respondent.
CORAM : F.I.REBELLO AND
J.P.DEVADHAR, JJ.
DATED : 16TH OCTOBER, 2007.
P.C. :-
P.C. :-
There is a delay of 385 days in preferring
the appeal. There is affidavit in support. The
I.T.A.T. order is dated 16/7/2004 and the matter was
referred to the concerned assessing officer on 8/12/2004. It was sent to the Ministry of Law on 1/4/2005. Draft appeal memo was received on 10/4/2006
and the appeal was filed on 24/4/2006. There is no
explanation whatsoever for the delay between 1/4/2005
to 10/4/2006. In our opinion, the cause shown would
not amount to sufficient cause. Hence Motion is
dismissed.
(J.P.DEVADHAR, J.)(F.I.REBELL0, J.)
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