Nma/2052/2007 Of The Commissioner Of Income Tax-3, Mumbai v. M/S Chamber Equity Financial Co. Ltd
High Court
04 Mar 2008 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Nma/2052/2007 Of The Commissioner Of Income Tax-3, Mumbai v. M/S Chamber Equity Financial Co. Ltd
Date of order
04 Mar 2008
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Nma/2052/2007 Of The Commissioner Of Income Tax-3, Mumbai v. M/S Chamber Equity Financial Co. Ltd, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.
Decision: As the Motion for condoning delay is dismissed, appeal also stands dismissed.
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 BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO.2052 OF 2007
IN
INCOME TAX APPEAL (L) NO.978 OF 2007
The CIT-3 ..Appellant
V/s.
M/s.Chamber Equity Financial Co.Ltd.,..Respondent
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Mr.Vimal Gupta @ P.S.Sahadevan for the appellant.
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Coram : F.I.Rebello & R.S.Mohite,JJ
Coram : F.I.Rebello & R.S.Mohite,JJ
Date : 4th March, 2008.
PC
1. This is a Motion for condoning 438 days delay in
filing the appeal. On perusal of
affidavit-in-support, we find that the scrutiny
report was received in the office of the
jurisdictional CIT on 17.2.2006 but the file was
sent for drafting about 10 months later on
20.12.2006. The delay caused between the aforesaid
2 dates has not been satisfactorily explained. In
our view, therefore, the cause shown does not amount
to sufficient cause. Hence, Motion dismissed.
INCOME TAX APPEAL (L) NO.978 OF 2007
INCOME TAX APPEAL (L) NO.978 OF 2007
. As the Motion for condoning delay is dismissed,
appeal also stands dismissed.
(R.S.Mohite,J) (F.I.Rebello,J)
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