In Nma/704/2018 Of Pr. Commissioner Of Income Tax - 10 Mumbai v. Pal Credit And Capital Ltd, the High Court (2018) allowed the appeal. The decision went in favour of the Revenue.
Decision: 3.In the above view, the impugned order dated 11[th] July, 2018passed by this Court is restored to the file.
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. 704 OF 2018IN
INCOME TAX APPEAL NO.1339 OF 2007
Pr. Commissioner of Income Tax-10.. Applicant
In the matter between
Pr. Commissioner of Income Tax-10
.. Appellant
v/s.
Pal Credit & Capital Ltd. .. Respondent
Mr. Akhileshwar Sharma for the applicant / orig. appellant None for the respondent
CORAM : AKIL KURESHI &
M.S. SANKLECHA, J.J.
P.C.
DATED : 14[th] DECEMBER, 2018.
1.None appears despite service.
2.This motion has been taken out to recall the order dated 11[th]July, 2018 dismissing the applicant's appeal for non-prosecution. Wehave perused the affidavit in support of the motion and are satisfiedwith the reasons indicated therein.
3.In the above view, the impugned order dated 11[th] July, 2018passed by this Court is restored to the file. Motion is allowed in termsof prayer clause (a).
(M.S. SANKLECHA, J.)
(AKIL KURESHI, J.)
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