Nma/2631/2016 Of Pr. Commissioner Of Income Tax - 1 v. M/S. Polychem Limited
High Court
18 Nov 2016 In favour of: Revenue
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Nma/2631/2016 Of Pr. Commissioner Of Income Tax - 1 v. M/S. Polychem Limited
Date of order
18 Nov 2016
Assessment year(s)
—
Outcome
Allowed
Case summary
In Nma/2631/2016 Of Pr. Commissioner Of Income Tax - 1 v. M/S. Polychem Limited, the High Court (2016) 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 BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO.2631 OF 2016ININCOME TAX APPEAL(L) NO.902 OF 2016
Pr. Commissioner of Income Tax-1In the matter betweenPr. Commissioner of Income Tax-1VersusM/s. Polychem Ltd.
..Applicant
..Appellant
..Respondent
...........
Mr. Suresh Kumar a/w Ms. Padma Divakar for the Applicant/Appellant.Mr. Atul Jasani for the Respondent.
...........
CORAM: M. S. SANKLECHA & A. K. MENON, JJ.
P.C.:
DATE : 18[th] NOVEMBER, 2016
1.This Notice of Motion seeks a condonation of 7 days delay in filing
the appeal from the order dated 30[th] November, 2015 of the Income Tax Appellate Tribunal.
2.We have perused the affidavit in support and are satisfied with the reasons set out therein for the delay in filing the present accompanying appeal. Accordingly, the Notice of Motion is allowed in terms of prayer clause(a).
3.Mr. Suresh Kumar, the learned counsel for the applicant-Revenue
2
seeks four weeks time to remove the objections. Time sought for is granted. However, it is made clear that in case the objections are not removed within the stipulated period of four weeks, the appeal itself would be dismissed without reference to the Court.
(A. K. MENON, J.)
(M. S. SANKLECHA, J.)
Wadhwa
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