Case Law › High Court › Stci Finance Ltd v. Asstt. Commissioner...

Stci Finance Ltd v. Asstt. Commissioner Of Income-Tax1(3)(1), Mumbai

High Court 23 Jun 2017 In favour of: Assessee

Forum / Bench

High Court · newos

Parties

Date of order

23 Jun 2017

Assessment year(s)

—

Outcome

Allowed

Case summary

In Stci Finance Ltd v. Asstt. Commissioner Of Income-Tax1(3)(1), Mumbai, the High Court (2017) allowed 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.

The order — as passed by the High Court

Dusane 1/2101,102,nma761,762 IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION NOTICE OF MOTION NO.761 OF 2017ININCOME TAX APPEAL (L) NO.326 OF 2017 WITHNOTICE OF MOTION NO.762 OF 2017IN INCOME TAX APPEAL (L) NO.325 OF 2017 STCI Finance Ltd.....Applicant In the matter between STCI Finance Ltd.....Appellant Vs. Asstt. Commissioner of Income-Tax1(3)(1), Mumbai. ....Respondent Ms. Arati Vissanji for the Applicant.None for the Respondent. CORAM : S.V. GANGAPURWALA AND G.S. KULKARNI, JJ. DATE : 23 JUNE, 2017 Dusane 101,102,nma761,762 PER COURT : Learned counsel for the Applicant states that the Respondent has been served and the acknowledgment to that effect is filed. 2For the reasons stated in the affidavits supporting the Notice of Motions, the Motions are allowed. Delay caused in filing the appeals is condoned. Motions are accordingly disposed of. No costs. ( G.S. KULKARNI, J.) (S.V. GANGAPURWALA, J.)

Facing a similar income-tax issue?

Our CA-led litigation team handles notices, scrutiny, penalties and appeals (CIT(A) & ITAT) end-to-end.

✅ File an income-tax appeal (CIT(A)/ITAT) → 💬 Ask our CA

This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.

Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation. Full disclaimer & Terms.