In Nma/1638/2006 Of The Commissioner Of Income Tax-1 v. Rathi Mercantile Industries Ltd, the High Court (2008) 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 BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO.1638 OF 2006
WITH
INCOME TAX APPEAL (LODG.) NO.851 OF 2006
The Commissioner of Income- ... ... AppellantTax, Mumbai
Shloka Infotech Limited... ... Respondents(earlier known as ‘RathiMercantile Ind. Ltd.")
Mr. A.S. Rao and Mr. P.S. Sahadevan for Appellant.Ms. V.B. Patel with Pankaj R. Toprani forRespondents
-P.C. :
.We have heard the learned counsel for theparties. There is a delay of 141 days.Considering the cause shown, delay condonedsubject to appellant’s paying to the respondentcosts quantified at Rs.5,000/- as conditionprecedent within 12 weeks from today and removingoffice objections.. Office to register theAppeal.
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