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Wp/480/2008 Of Asteroids Trading And Investments Pvt.limited v. The Deputy Comissioner Of Income Tax And Anr

High Court 07 Apr 2008 In favour of: Unclear
Forum / Bench
High Court · newos
Parties
Wp/480/2008 Of Asteroids Trading And Investments Pvt.limited v. The Deputy Comissioner Of Income Tax And Anr
Date of order
07 Apr 2008
Assessment year(s)
Outcome
Other

Case summary

In Wp/480/2008 Of Asteroids Trading And Investments Pvt.limited v. The Deputy Comissioner Of Income Tax And Anr, the High Court (2008) decided the matter.

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 BOMBAY ORDINARYORIGINAL CIVIL JURISDICTION IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY WRIT PETITON NO.480 OF 2008 WRIT PETITON NO.480 OF 2008 Asteriods Trading Investment Pvt. Ltd. ..Petitioner. V/s. The Deputy Commissioner of Income- tax & Anr. ..Respondents. WITH WITH WRIT PETITON NO.481 OF 2008 WRIT PETITON NO.481 OF 2008 Elcid Investments of Income-tax ..Petitioner. V/s. The Deputy Commissioner of Income- tax & Anr. ..Respondents. WITH WITH WRIT PETITON NO.482 OF 2008 WRIT PETITON NO.482 OF 2008 Lambodar Investments & Trading Co. Ltd. ..Petitioner. V/s. The Deputy Commissioner of Income- tax & Anr. ..Respondents. WITH WITH WRIT PETITON NO.483 OF 2008 WRIT PETITON NO.483 OF 2008 Nehal Trading & Investments Pvt. Ltd. ..Petitioner. V/s. The Deputy Commissioner of Income- tax & Anr. ..Respondents. WITH WITH WRIT PETITON NO.484 OF 2008 WRIT PETITON NO.484 OF 2008 - = : 2 : = - Unnati Trading & Investments Pvt. Ltd. ..Petitioner. V/s. The Deputy Commissioner of Income- tax & Anr. ..Respondents. WITH WRIT PETITON NO.485 OF 2008 WITH WRIT PETITON NO.485 OF 2008 Murahar Investments & Trading Co. Ltd. ..Petitioner. V/s. The Deputy Commissioner of Income- tax & Anr. ..Respondents. Mr.S.E.Dastur, senior Advocate with Mr.R.Murlidharan and Mr.A.K.Jasani for petitioner in all the petitions. Mr.B.M.Chatterjee with Mrs.P.P.Bhosale and P.S. Sahadevan for respondents in all the petitions. CORAM : DR. S.RADHAKRISHNAN AND CORAM : DR. S.RADHAKRISHNAN AND J.P.DEVADHAR, JJ. J.P.DEVADHAR, JJ. DATED : 7TH APRIL, 2008. DATED : 7TH APRIL, 2008. P.C. :- P.C. :- 1. Heard senior counsel for the petitioner and learned counsel for the respondents. By this petitions, the petitioners are challenging the order dated 28th/29th January, 2008 passed by the Deputy Commissioner of Income Tax rejecting the objections raised with regard to reopening of the assessments. The order does not deal in detail with the objections raised by the assessee. - = : 3 : = - 2. Learned counsel for the respondents very fairly states on instructions from Shri G.U.Ingole, the Deputy Commissioner of Income Tax, Central Cirle-32, Mumbai, who is personally present in the Court that the said order will be withdrawn immediately and a detailed order containing reasons for the objections raised by the petitioners will be passed on or before 15th May, 2008. 3. We make it clear that in the event if the order is adverse to the interest of the petitioners, the same shall not be given effect to for a period of 4 weeks thereafter. 4. All petitions are disposed of accordingly with no order as to costs. (DR.S.RADHAKRISHNAN, J.) (DR.S.RADHAKRISHNAN, J.) (J.P. DEVADHAR, J.) (J.P. DEVADHAR, J.)
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