In The Commissioner Of Income Tax v. M/S. Vip Industries Ltd, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.
Decision: As the notice of motion for condonation of delay is dismissed, appeal is also dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO.2552 OF 2005
WITH
INCOME TAX APPEAL (L) NO.1050 OF 2005
The Commissioner of Income tax. ..Appellant.
Vs.
M/s. VIP Industries Ltd.
..Respondent.
Mr.B.M.Chatterji with Ms.P.P. Bhosale and P.S.Sahadevanfor the Appellant.
Mr.A.K. Jasani for the Respondent.
CORAM : F.I. REBELLO & R.S. MOHITE, JJ.DATED : 06TH FEBRUARY,2008.
PC :
be sufficient cause and hence, notice of motion stands
dismissed.
INCOME TAX APPEAL LODGING NO.1050 OF 2005
1. As the notice of motion for condonation of delay is
dismissed, appeal is also dismissed.
(R.S. MOHITE, J.)
(F.I. REBELLO, J.)
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