Case LawHigh Court › Nma/219/2011 Of The Commissione Of Incom...

Nma/219/2011 Of The Commissione Of Income-Tax-4,Mum v. Olympia Securities Limited

High Court 30 Jun 2011 In favour of: Unclear
Forum / Bench
High Court · newos
Parties
Nma/219/2011 Of The Commissione Of Income-Tax-4,Mum v. Olympia Securities Limited
Date of order
30 Jun 2011
Assessment year(s)
Outcome
Other

Case summary

In Nma/219/2011 Of The Commissione Of Income-Tax-4,Mum v. Olympia Securities Limited, the High Court (2011) decided the matter.

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 JURISDICTIONNOTICE OF MOTION NO. 219 OF 2011 IN INCOME TAX APPEAL NO. 5620 OF 2010 The Commissioner of Income Tax-4, Mumbai....AppellantV/S. M/s. Olympia Securities Ltd, Mumbai....Respondent Mr. Vimal Gupta, Advocate for the appellant.Mr. A.K. Jasani, Advocate for the respondent. CORAM :- J.P. DEVADHAR & SMT. R.P. SONDURBALDOTA, JJ. P.C. :- 30 June 2011. 1. Heard. 2. This Notice of Motion is taken out seeking condonation of delay of 314 days in filing the appeal. Counsel for the revenue-assessee states that no case is made out for condonation of delay. However, in our opinion, on perusal of the affidavit-in-support of the Notice of Motion, it is seen that sufficient cause is made out for condoning the delay. For the reasons stated in the affidavit in support of the Notice of Motion, the delay is condoned and the Notice of Motion is made absolute in terms of prayer clause (a). No order as to costs. [SMT. R.P. SONDURBALDOTA, J] [J.P. DEVADHAR, J]
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