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[Cites 3, Cited by 6]

Gujarat High Court

Birla Vxl Limited vs Asst. Commissioner Of Income ... on 10 December, 2014

Author: Ks Jhaveri

Bench: Ks Jhaveri, K.J.Thaker

        O/TAXAP/1425/2005                              ORDER




         IN THE HIGH COURT OF GUJARAT AT AHMEDABAD

                       TAX APPEAL NO. 1425 of 2005

================================================================
            BIRLA VXL LIMITED, JAMNAGAR....Appellant(s)
                             Versus
         ASST. COMMISSIONER OF INCOME TAX....Opponent(s)
================================================================
Appearance:
MRS SWATI SOPARKAR, ADVOCATE for the Appellant(s) No. 1
MR PRANAV G DESAI, ADVOCATE for the Opponent(s) No. 1
================================================================

        CORAM: HONOURABLE MR.JUSTICE KS JHAVERI
               and
               HONOURABLE MR.JUSTICE K.J.THAKER

                             Date : 10/12/2014
                              ORAL ORDER

(PER : HONOURABLE MR.JUSTICE KS JHAVERI)

1. Heard Mr. Soparkar, learned advocate for the  appellant­assessee and Mr. Desai, learned advocate for  the respondent­revenue. 

2. Learned advocate for the appellant contended  that this matter pertains to Assessment Year 1988­89  and   the   period   of   six   years   was   over   on   31st  July,  1995. However, assuming without admitting that even if  the   order   of   24th  April,   1991   is   taken   into  consideration,   the   present   proceedings   are   initiated  on 31st July, 1997 i.e.  after a gap of  of six years.

3.   He   relied   upon   the   decision   of   of   this  Court in the case of Krishna Metal Industries v. H.M.   Page 1 of 2 O/TAXAP/1425/2005 ORDER Algotar,  reported   in  [1997]   225   ITR,   852  and   the  decision   of   the   Apex   Court   in   the   case   of  Calcutta   Discount   Co.   Ltd.   v.   Income   Tax   Officer,   Companies   District Calcutta and another,  reported in 1961 ITR,  

191.

4. Learned   advocate   for   the   respondent   has  tried to support the order of the Tribunal by relying  paragraph Nos.8 and 9.  With a view to enable learned  counsel   for   the   respondent   to   place   on   record   the  Notice under section 147 of the I.T. Act, matter is  adjourned to 17th December, 2014.

(K.S.JHAVERI, J.) (K.J.THAKER, J) pawan Page 2 of 2