Wp/882/2006 Of Icici Securities Ltd v. The Assistant Commissioner Of Income Tax 3(2), Mumbai And Anr
High Court
31 Mar 2006 In favour of: Revenue
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Wp/882/2006 Of Icici Securities Ltd v. The Assistant Commissioner Of Income Tax 3(2), Mumbai And Anr
Date of order
31 Mar 2006
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Wp/882/2006 Of Icici Securities Ltd v. The Assistant Commissioner Of Income Tax 3(2), Mumbai And Anr, the High Court (2006) dismissed the appeal. The decision went in favour of the Revenue.
Decision: 2.Writ petition is dismissed as withdrawn.
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 BOMBAYO.O.C.J.
WRIT PETITION NO. 882 OF 2006
ICICI Securities Limitedv/s.The Assistant Commissioner of Income tax3(2), Mumbai and another
..Petitioner
.. Respondents
Mr.J.D.Mistry i/by M/s.Kanga & Co. for the petitioner.
Mr.Ashok Kotangale with Mr.S.R.Chauhan and Mr.A.D.Nagarjunfor the respondents.
CORAM : R.M. LODHA & J.P.DEVADHAR, JJ.
P.C.
DATED : 31ST MARCH, 2006.
The counsel for the petitioner prays for withdrawal of thewrit petition with liberty to the petitioner to prefer an appealagainst the assessment order dated 28[th] February, 2006. Hesubmits that the respondent No.1 be restrained from recoveringthe tax pursuant to the assessment order dated 28[th] February,2006 by having recourse to the coercive process until disposal ofappeal.
2.Writ petition is dismissed as withdrawn. However, we directthat until disposal of appeal and for a period of four weeks from
the date of service of the order in appeal, the respondent No.1shall not initiate any coercive process of recovery of tax duespursuant to the order dated 28[th] February, 2006.
(R.M.LODHA, J.)
(J.P.DEVADHAR, J.)
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