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The Commissioner Of Income Tax v. M/S Asian Paints (India) Ltd

High Court 03 Aug 2011 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax v. M/S Asian Paints (India) Ltd
Date of order
03 Aug 2011
Assessment year(s)
Outcome
Dismissed

Case summary

In The Commissioner Of Income Tax v. M/S Asian Paints (India) Ltd, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.

Decision: By the order dated 21.7.2009 the appellants were directed to remove the office objections within the stipulated time failing which it was ordered that the appeal shall stand dismissed without reference to the court.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

T IN THE HIGH COURT OF JDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTIONNOTICE OF MOTION NO. 1216 OF 2011ININCOME TAX APPEAL NO.5146 OF 2010 The Commissioner of Income Tax.. Vs. M/s Asian Paints (India) Ltd ..Appellant. ..Respondent. Mr.Surewh Kumar, for the Appellant.Mr S.S.Shetty, for Respondent. P.C.: Heard counsel for the Revenue and the Respondent. 2.This Notices of Motion is taken out seeking condonation of delay of 577 days in filing the notice of motion and for setting aside the order dated 21.7.2009. By the order dated 21.7.2009 the appellants were directed to remove the office objections within the stipulated time failing which it was ordered that the appeal shall stand dismissed without reference to the court. The appellants have failed to remove the office objections within the stipulated time and, therefore, the appeal came to be dismissed. The affidavit in support of the Notice of Motion does not disclose sufficient cause for condoning the delay. However, looking to the stakes involved, in our opinion, interest of justice would be met if the delay is condoned subject to payment of costs. Accordingly, the notice of motion is made absolute in terms of prayers (a) and (b), subject to payment of costs of Rs.5000/- to be paid by the appellant to the respondent within a period of two weeks from today. Office objections to be removed within two weeks from today. ( A.A. SAYED, J. ) (J.P. DEVADHAR, J.)
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