The Director Of Income Tax v. Hongkong Shanghai Banking
High Court
12 Sep 2007 In favour of: Revenue
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The Director Of Income Tax v. Hongkong Shanghai Banking
Date of order
12 Sep 2007
Assessment year(s)
—
Outcome
Allowed
Case summary
In The Director Of Income Tax v. Hongkong Shanghai Banking, the High Court (2007) allowed the appeal. The decision went in favour of the Revenue.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
1
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO. 3448 OF 2005
IN
INCOME TAX APPEAL (LODGING) NO. 1503 OF 2005
The Director of Income Tax.... AppellantMumbaiVs.Hongkong Shanghai Banking.... RespondentCorporation Ltd.
Mr. Parag Vyas for Appellant.
CORAM : F.I. REBELLO, &J.P. DEVADHAR, JJ.DATE : 12TH SEPTEMBER, 2007P.C..The delay is less than 200 days.Considering the practical difficulties which theDepartment was facing including referring thematters to the Law Department, Government of Indiafor drafting the Appeal Memo and considering theaffidavit in support of the Notice of Motion, inour opinion, the cause shown would amount tosufficient cause. Hence, delay condoned. TheNotice of Motion is allowed in terms of prayerclause (a).
2.
Office to register the Appeal.
( J.P. DEVADHAR, J.)
(F.I. REBELLO, J.)
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