Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2009 (8) TMI 71

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d finally after hearing the heirs and legal representatives of the HSM - Mr. Kuntal K. Sen should be allowed to stay for a period of six months from this date to hear out the Income Tax Appeal and dispose of the same finally – CIT(A) directed to dispose of the Income Tax Appeal pending before it within six months from this date without granting any unnecessary adjournment whatsoever - broker Harsh .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t which had been diverted to the accounts of the broker Harshad Shantilal Mehta (HSM), has held that it will not be fair to decide the matter of distribution without waiting for the decision of the CIT (Appeals) of the liability of HSM to Income-tax for the statutory period from 1.4.1991 to 6.6.1992. Several Interlocutory Applications (shown hereinbefore) have been filed in the appeals, which had .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ehalf of the heirs and legal representatives before us submitted on instruction that they will file their documents and argue the case on their behalf and conclude their arguments within four months from this date positively without asking for any adjournment on any ground whatsoever. 4. Such being the stand taken by the heirs and legal representatives of HSM, we do not find any reason to pass .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... The learned Additional Solicitor General of India, Mr. Tripathi, appearing on behalf of the Income Tax Authorities as well as Ms. Kamini Jaiswal jointly submitted before us that directions could be made to dispose of the Income Tax Appeal within four months from this date without granting any adjournment on any ground whatsoever. Accordingly, we direct the CIT (A), Central V, Mumbai to dispose of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates