Nma/3277/2006 Of The Commissioner Of Income Tax-3, Mumbai v. M/S. Hercules Investment Ltd
High Court
29 Jan 2008 In favour of: Assessee
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Nma/3277/2006 Of The Commissioner Of Income Tax-3, Mumbai v. M/S. Hercules Investment Ltd
Date of order
29 Jan 2008
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Nma/3277/2006 Of The Commissioner Of Income Tax-3, Mumbai v. M/S. Hercules Investment Ltd, the High Court (2008) 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 BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO.3277 OF 2006
IN
INCOME TAX APPEAL(L)NO.1599 OF 2006
The Commissioner of Income Tax-3..Appellant Mumbai
V/s.
M/s.Hercules Investment Ltd...Respondent
Mr.Vimal Gupta with Mr.P.S.Sahadevan, Advocate, forAppellant Mr.J.D.Mistry with Mr.Raj Darak, Advocate, forRespondent
CORAM : F.I.REBELLO &R.S.MOHITE,JJ.
DATE : 29TH JANUARY, 2008
P.C.
.This is a Notice of Motion for condoning adelay of 829 days in filing of the main appeal. Onperusal of the affidavit in support it appears thatScrutiny report was received by the Judicial CIT on13[th] May, 2004 but the draft appeal memo wasreceived on or around 28[th] October, 2005. The delaycaused in between 13[th] May, 2004 and 28[th] October,2005 has not been properly explained. In thecircumstances, the cause shown is not sufficient
cause and consequently, the Notice of Motion standsdismissed.
(R.S.MOHITE, J.)
(F.I.REBELLO, J.)
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