In The Commissioner Of Income-Tax, Central I v. Zuari Agro Chem. Limited, the High Court (2010) decided the matter.
Decision: Since the reference has been disposed of, the Notice of Motion does not survive and is accordingly disposed of as infructuous.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO.2134 OF 1997ININCOME TAX REFERENCE NO.255 OF 1997
The Commissioner of Income-tax, Central I,
Versus
Zuari Agro Chem. Limited
..Applicant.
..Respondent.
None for the applicant.
Mr.Rajiv Singh i/by Mr.Chitnis & Co. for the respondent.
CORAM : Dr.D.Y. Chandrachud & J.P. Devadhar, JJ.
DATE : 8 June, 2010.
P.C. :
1.The tax reference has been returned unanswered by an order of the Division Bench dated 19 September 2007 since the tax incidence was stated to be less than Rs.4 lakhs. Since the reference has been disposed of, the Notice of Motion does not survive and is accordingly disposed of as infructuous.
(J.P. Devadhar, J.)
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