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Nma/4048/2008 Of Director Of Income Tax (International Taxation), Mumbai v. Deutsche Bank Ag., Mumbai

High Court 07 Jan 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Nma/4048/2008 Of Director Of Income Tax (International Taxation), Mumbai v. Deutsche Bank Ag., Mumbai
Date of order
07 Jan 2009
Assessment year(s)
Outcome
Dismissed

The order — as passed by the High Court

Case summary

In Nma/4048/2008 Of Director Of Income Tax (International Taxation), Mumbai v. Deutsche Bank Ag., Mumbai, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.

Decision: On failure topay, appeal to stand dismissed.

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.4048 OF 2008ININCOME TAX APPEAL (L) NO.2877 OF 2008 Director of Income TaxBallard Pier, Mumbai-38..AppellantV/s. Deutsche Bank AGKodak House,222, Dr.D.N.Road, Fort,Mumbai-400 001...Respondent Mr. Parad A. Vyas for AppellantMr. B.D. Damodar i/by Kanga & Co. for Respondent CORAM : F.I. REBELLO &R.S. MOHITE, JJDATED : 7TH JANUARY, 2009. P.C.:1.There is a delay of 335 days in preferring theappeal. The cause shown may not amount strictly tosufficient cause. Considering the tax incidence, weare inclined to condone the delay. 2.Delay is condoned subject to appellant payingcosts to the respondent quantified at Rs.5,000/- withina period of 2 weeks from today. On such costs beingpaid, Office to register the appeal. On failure topay, appeal to stand dismissed. 3.Notice of motion is disposed of accordingly. ( R.S. MOHITE,J.) ( F.I. REBELLO,J)
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