In Ventura Textiles Ltd v. Income-Tax Officer, Ward8(3), Mumbai. & Ors, the High Court (2005) 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 BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
OF 2005 .
WRIT PETITION NO. 2350
Ventura Textiles Ltd.
vs.
Income-tax Officer, Ward8(3), Mumbai. & ors.
.. Petitioner.
..Respondents
Shri A.K. Jasani with Suresh Sharma for thepetitioner.
Shri A.S. Rao with Ashok Kotangale for therespondents.
CORAM : V.C.DAGA AND J.P. DEVADHAR, JJ.
DATED : 20.9. 2005.
P.C. :----
.Rule returnable forthwith. Shri Rao waives
service for the respondent. Petition is heard
finally by consent of the parties.
possible at any rate, within three months from
today. All contentions on merits are kept open.
.Rule is accordingly made absolute with no
order as to costs.
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