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Principal Commissioner Of Income Tax – 5, Mumbai v. Orocract Jewels Pvt. Ltd

High Court 26 Feb 2022 In favour of: Revenue
Forum / Bench
High Court · newos
Parties
Principal Commissioner Of Income Tax – 5, Mumbai v. Orocract Jewels Pvt. Ltd
Date of order
26 Feb 2022
Assessment year(s)
Outcome
Allowed

Case summary

In Principal Commissioner Of Income Tax – 5, Mumbai v. Orocract Jewels Pvt. Ltd, the High Court (2022) 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

SANTOSHSUBHASHKULKARNIDigitally signed bySANTOSH SUBHASHKULKARNIDate: 2022.02.2811:20:32 +0530 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION NO. 2463 OF 2020IN INCOME TAX APPEAL (L) NO.820 OF 2020ANDINTERIM APPLICATION NO. 2465 OF 2020ININCOME TAX APPEAL (L) NO.821 OF 2020AND INTERIM APPLICATION NO. 2466 OF 2020 IN INCOME TAX APPEAL (L) NO.822 OF 2020 Principal Commissioner of Income Tax – 5, Mumbai ...ApplicantIn the matter betweenPrincipal Commissioner of Income Tax – 5, Mumbai ...Appellant Versus Orocract Jewels Pvt. Ltd. ...Respondent Mr. Sham Walve, for the Applicant/Appellant. CORAM:K. R. SHRIRAM &N. J. JAMADAR, JJDATED:26[th] FEBRUARY, 2022 -PC: 1.Heard Mr. Walve and considered the application. 2.For the reasons mentioned in the application and in viewof the relaxation granted by the Hon’ble Apex Court for thepurpose of limitation, in our view, these applications can beallowed. Accordingly delay is condoned. of the relaxation granted by the Hon’ble Apex Court for thepurpose of limitation, in our view, these applications can beallowed. Accordingly delay is condoned. 3.Interim applications accordingly disposed. [N. J. JAMADAR, J.] [K. R. SHRIRAM, J.]
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