In Nma/1702/2006 Of The Commissioner Of Income Tax-Iii v. Ambit Estate And Development Co. Pvt. 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 JURISDICTION
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO.1702 OF 2006IN INCOME TAX APPEAL (LOD) NO.858 OF 2006
NOTICE OF MOTION NO.1702 OF 2006
IN
INCOME TAX APPEAL (LOD) NO.858 OF 2006
The Commissioner of Income Tax ..Appellant.
V/s.
M/s.Ambit Estate & Development Co. Ltd. ..Respondent.
Mr.Vimal Gupta with P.S.Sahadevan for appellant.
Mr.K.Gopal with Jitendra Singh for respondent.
CORAM : F.I.REBELLO AND
J.P.DEVADHAR, JJ.
DATED : 16TH OCTOBER, 2007.
P.C. :-
P.C. :-
There is a delay of 384 days in preferring
the appeal. There is affidavit in support of Mr.V.
Murlidharan. The I.T.A.T. order was received
20/12/2004. The file was forwarded to the Ministry of
Law on 19/4/2005. The draft appeal memo was received
on 24/11/2005 and the appeal was filed on 11/5/2006.
There is no explanation whatsoever for the delay between 19/4/2005 and 24/11/2005 amd thereafter from 24/11/2005 to 11/5/2006. 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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