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Bombay High CourtITXA/127/2014

Instant Holdings Limited (Formerly Known As Kec Holdings Limited) v. The Assistant Commissioner Of Income Tax

2016-07-19Hon'Ble Shri Justice A. K. Menon,Hon'Ble Shri Justice M.S. Sanklecha2 pages

127-14-itxa=.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 127 OF 2014 Instant Holdings Ltd.

(Formerly, KEC Holdings Ltd.) Mumbai .. Appellant v/s.

The Assistant Commissioner of Income-Tax Range 8(1), Mumbai .. Respondent Mr. Niraj Seth a/w Mr. Atul Jasani for the appellant Mrs. S.V. Bharucha for the respondent CORAM : M.S. SANKLECHA & A.K. MENON, J.J.

DATED : 19th JULY, 2016.

P.C.

1.

Mr. Seth, learned Counsel appearing in support of the appeal, seeks to withdraw the appeal with liberty to file an appropriate application for rectification with the Income Tax Appellate Tribunal. 2.

It is made clear that we have not considered the merits of the application for rectification which is sought to be made by the appellant. Needless to state that the same would be considered only if it is filed within the statutory period provided under the Act on its own merits.

Uday S. Jagtap

127-14-itxa=.doc 3.

The appeal is dismissed as withdrawn with liberty as aforesaid. (A.K. MENON, J.) (M.S. SANKLECHA, J.) Uday S. Jagtap