Nma/1934/2017 Of Pr. Commissioner Of Income Tax-1 v. The Saraswat Co Operative Bank Ltd
High Court
12 Jan 2018 In favour of: Revenue
Forum / Bench
High Court · newos
Parties
Nma/1934/2017 Of Pr. Commissioner Of Income Tax-1 v. The Saraswat Co Operative Bank Ltd
Date of order
12 Jan 2018
Assessment year(s)
—
Outcome
Allowed
Case summary
In Nma/1934/2017 Of Pr. Commissioner Of Income Tax-1 v. The Saraswat Co Operative Bank Ltd, the High Court (2018) allowed the appeal. The decision went in favour of the Revenue.
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. 1931 OF 2017 ININCOME TAX APPEAL (L) NO. 1189 OF 2017 WITHNOTICE OF MOTION NO. 1934 OF 2017 ININCOME TAX APPEAL (L) NO. 1176 OF 2017 WITHNOTICE OF MOTION NO. 1937 OF 2017 ININCOME TAX APPEAL (L) NO. 1177 OF 2017 WITHNOTICE OF MOTION NO. 1938 OF 2017 IN
INCOME TAX APPEAL (L) NO. 1178 OF 2017
The Pr. Commissioner of Income Tax-1 .. Applicant In the matter betweenThe Pr. Commissioner of Income Tax-1.. Appellant v/s. M/s. The Saraswat Co-operative Bank Ltd... Respondent
Mr. Suresh Kumar for the applicant / orig. appellant Mr. Ruturaj Gurjar i/b Mihir Naniwadekar for the respondent
P.C.
CORAM : M.S. SANKLECHA & RIYAZ I. CHAGLA J.J.
DATED : 12[th] JANUARY, 2018.
1.These Notices of Motion have been taken out for condonation of 9 days delay in filing appeals from a common order dated 31[st] October, 2016 passed by the Income Tax Appellate Tribunal.
1931-17-NMA-5-C=.doc
2.We have perused affidavit of Mr. Tanay Sharma, ACIT 1(3)(2), Mumbai dated 22[nd] November, 2017 in support of these motions and find that the reasons given therein warrant condonation of delay.
3.Accordingly, all four Notices of Motion are allowed in terms of prayer clause (a).
(RIYAZ I. CHAGLA, J.)
(M.S. SANKLECHA, J.)
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