In The Commissioner Of Income Taxcity Vii v. M/S Penwalt India Ltd, the High Court (2008) decided the matter.
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 JURISDICTIONNOTICE OF MOTION NO. 1552 OF 2008
in
INCOME TAX APPEAL (L) NO.1089 of 2008
The Commissioner of Income TaxCity VII..Appellant
Vs.
M/s Penwalt India Ltd... Respondent
Mr.A.D.Kango for AppellantNone for RespondentCORAM : Dr.S.Radhakrishnan andA.V.Nirgude, JJDATED : 11th June, 2008
P.C.
1. Heard the learned counsel for the appellant.None appeared for the respondent though served.Learned counsel for the appellant states that theaffidavit is already been filed. Perused theaffidavit in support of the Notice of motion. Forthe reasons stated in the affidavit in support ofthe notice of motion, sufficient cause is made outfor condonation of delay and there is no case ofinaction, negligence or want of bonafide on thepart of the appellant. Hence, the Notice ofmotion is made absolute in terms of prayer clause(a).
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