In Wp/1942/2012 Of Shakti Cable Industries v. The Income Tax Appellate Tribunal Mumbai Bench J, the High Court (2013) dismissed the appeal. The decision went in favour of the Revenue.
Decision: The Petition is accordingly dismissed.
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 JURISDICTION
WRIT PETITION NO.1942 OF 2012
Shakti Cable Industries: Petitioner
V/s.
The Income Tax Appellate TribunalMumbai Bench `J'
....
: Respondent
Ms Ritika Agarwal i/b. Mr.Prashant H. More for the Petitioner.
Mr.B.M.Chatterjee with Mr.M.S.Bhardwaj for the Respondent.
.....
CORAM : DR.D.Y.CHANDRACHUD & A.A. SAYED, JJ.
DATE : 08 FEBRUARY 2013.
P.C.:
A substantive appeal under section 260A of the Income-tax Act,
1961 lies against the impugned order of the Income Tax Appellate Tribunal dated 15 June 2012. The grievance of the Petitioner is that there is a breach of the principles of natural justice inasmuch as the Tribunal, it is submitted, has not considered a particular submission. If the Petitioner is so advised, it has a remedy available under section 254(2) of applying for rectification or alternatively an appellate remedy under section 260A.
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There is no reason to entertain a Writ Petition under Article 226 in consequence. The Petition is accordingly dismissed.
(DR.D.Y. CHANDRACHUD,J.)
(A.A. SAYED, J.)
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