Case LawHigh Court › Wp/2094/2016 Of Latin Manharlal Securiti...

Wp/2094/2016 Of Latin Manharlal Securities Private Limited And Anr v. Principal Commissioner Of Income Tax-4 And 4 Ors

High Court 19 Oct 2016 In favour of: Revenue
Forum / Bench
High Court · newos
Parties
Wp/2094/2016 Of Latin Manharlal Securities Private Limited And Anr v. Principal Commissioner Of Income Tax-4 And 4 Ors
Date of order
19 Oct 2016
Assessment year(s)
Outcome
Dismissed

Case summary

In Wp/2094/2016 Of Latin Manharlal Securities Private Limited And Anr v. Principal Commissioner Of Income Tax-4 And 4 Ors, the High Court (2016) dismissed 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

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION WRIT PETITION NO. 2094 OF 2016 Latin Manharlal Securities Pvt. Ltd. & Anr. Mumbai v/s. Principal Commissioner of Income Tax-4,Mumbai & Ors. .. Petitioners .. Respondents WITH WRIT PETITION NO. 2035 OF 2016 Kaushik Shah Shares & Securities Pvt. Ltd. .. Petitioners & Anr. v/s. Principal Commissioner of Income Tax-4,Mumbai & Ors. .. Respondents Mr. Dinesh Parmar i/b DSR Legal for the petitioner in WP-2094/16Mr. Jitendra Jain a/w Mr. Sameer Dalal for the petitioner in WP-2035/16 Mr. Suresh Kumar a/w Ms. Samiksha Kanani for the respondent nos. 1 to 4 in both petitions CORAM : M.S. SANKLECHA & MRS. SWAPNA JOSHI, J.J. DATED : 19[th] OCTOBER, 2016. P.C. 1. Both these petitions under Article 226 of the Constitution of India challenge order dated 29[th] July, 2016 passed by the Principal Commissioner of Income Tax under Section 127(2) of the Income Tax Act, 1961. 2.By the impugned order, the assessment proceedings of both the petitioners were transferred to Mumbai to Ahmedabad. After filing of the petition, the Principal Commissioner of Income Tax by communication dated 5[th] October, 2016 has withdrawn / cancelled the order dated 29[th] July, 2016. 3. In the above view, the petitioners seeks to withdraw the petitions. 4.Accordingly, both the petitions are dismissed as withdrawn. (MRS. SWAPNA JOSHI, J.) (M.S. SANKLECHA, J.)
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