The Commissioner Of Income Tax v. M/S.icici Securities & Finance Co.ltd
High Court
01 Dec 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax v. M/S.icici Securities & Finance Co.ltd
Date of order
01 Dec 2009
Assessment year(s)
—
Outcome
Dismissed
Case summary
In The Commissioner Of Income Tax v. M/S.icici Securities & Finance Co.ltd, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: 3.In view of dismissal of Notice of Motion, appeal also stands dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Sections referenced in this judgment
The order — as passed by the High Court
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO.678 OF 2009
IN
INTEREST TAX APPEAL (L) NO.3 OF 2007
The Commissioner of Income Tax
Vs.
M/s.ICICI Securities & Finance Co.Ltd.
..Appellant
..Respondent
Mr.Vimal Gupta for appellant.
CORAM :- V.C.DAGA &
J.P.DEVADHAR,JJ. 1ST DECEMBER,2009
DATE :
P.C.
1.Admittedly, the appeal is barred by limitation. No sufficient cause is shown. Apart from this, following the decision of the Apex Court in the case of Chaudharana Steels (P) Ltd. V/s. Commissioner of Central Excise reported in 2009 (238) ELT 705 (S.C.), we have held in the case of CIT V/s. Grasim Industries Ltd. (Notice of Motion No.787 of 2009 in I.T.A. (L) No.3592 2008) decided on 8/7/2009) that this Court has no power to condone the delay in filing an appeal under section 260A of the Income Tax Act, 1961.
2.In this view of the matter, the Notice of Motion stands dismissed being barred by limitation.
3.In view of dismissal of Notice of Motion, appeal also stands dismissed.
(J.P.DEVADHAR,J.)
(V.C.DAGA,J.)
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