Acit 2(2)(1), Mumbai vs Jik Industries Limited, Mumbai on 31 July, 2024
IN THE INCOME TAX APPELLATE TRIBUNAL
Mumbai "F" Bench ... 3857/Mum/2023 (A.Y. 2011-12)
ACIT 2(2)(1) Vs. JIK Industries Limited
Room No. 545 Oriental Business
5 t h Floor Centre
question is no
longer res integra. This Court in the decision in JIK Industries
Ltd. & Ors v. Amarlal V.Jumani ... After extracting
provision under Section 147 , N.I. Act, this Court in JIK Industries
Ltd. case (supra) observed and held in paragraph
offence
under section 138 of NI Act is concerned, this Court in JIK Industries
Limited & Ors. v. Amarlal V. Jamuni ... after discussing the series of
judgments including the JIK Industries Ltd. (supra) observed that even
in the absence of ‘consent’ court can close criminal proceedings
offence under section 138 of NI Act is concerned, this Court in JIK Industries Limited & Ors. v. Amarlal V. Jamuni ... after discussing the series of judgments including the JIK Industries Ltd. (supra) observed that even in the absence of 'consent' court can close
offence under section 138 of NI Act is concerned, this Court in JIK Industries Limited & Ors. v. Amarlal V. Jamuni ... after discussing the series of judgments including the JIK Industries Ltd. (supra) observed that even in the absence of 'consent' court can close
offence under section 138 of NI Act is concerned, this Court in JIK Industries Limited & Ors. v. Amarlal V. Jamuni ... after discussing the series of judgments including the JIK Industries Ltd. (supra) observed that even in the absence of 'consent' court can close
offence under section 138 of NI Act is concerned, this Court in JIK Industries Limited & Ors. v. Amarlal V. Jamuni ... after discussing the series of judgments including the JIK Industries Ltd. (supra) observed that even in the absence of 'consent' court can close
offence
under section 138 of NI Act is concerned, this Court in JIK Industries
Limited & Ors. v. Amarlal V. Jamuni ... after discussing the series of
judgments including the JIK Industries Ltd. (supra) observed that even
in the absence of ‘consent’ court can close criminal proceedings
Further this Court observed in para 82 of the said
judgment that : (JIK Industries case [ JIK Industries Ltd. v.
Amarlal V. Jumani ... that quashing of a case is
different from compounding. This Court in JIK Industries [JIK
Industries Ltd. v. Amarlal V. Jumani
offence under section 138 of NI Act is concerned, this
Court in JIK Industries Limited & Ors. v. Amarlal V.
Jamuni ... after
discussing the series of judgments including the JIK
Industries Ltd. (supra) observed that even in the
absence of 'consent' court can close
