In Raymonds Ltd. & Anr v. The Director Of Income Tax, Mumbai…, the High Court (2015) dismissed 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.
bsb 1
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
WRIT PETITION NO. 1459 OF 2005
Raymonds Ltd. & anr.
… Petitioners
v/s
The Director of Income Tax, Mumbai… Respondent
Mr.Zeeshan Farooqui i/by Gagrats for the petitioners.
None present for the respondent.
CORAM: M.S. SANKLECHA & N.M. JAMDAR, JJ.
DATED : 9TH JULY, 2015
P.C.:
Learned counsel for the petitioners seek liberty to withdraw the petition. He informs us that no interim reliefs in favour of the petitioners have been granted. The petition has been filed seeking interest on the principal amount of tax which had been refunded to the petitioners. Liberty as prayed for is granted.
2Petition is dismissed as withdrawn. No order as to costs.
( N. M. JAMDAR, J. ) ( M.S. SANKLECHA, J.)
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