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Case Law Details

Case Name : Deepak Fertilizers And Petrochemicals Corporation Limited Vs Addl CIT (Bombay High Court)
Appeal Number : Income Tax Appeal No. 785 of 2017
Date of Judgement/Order : 21/08/2017
Related Assessment Year :
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Deepak Fertilizers And Petrochemicals Corporation Limited Vs Add. CIT (Bombay High Court)

HC held that we do not think that there is any justification for the Deputy Commissioner of Income Tax, Central Circle ­8(1) to threaten the appellant/applicant with any prosecution. Even if such prosecution  under section 276C is launched, the same shall not proceed till the pendency of this Appeal.

FULL TEXT OF THE HIGH COURT ORDER / JUDGMENT

1. Heard both sides. Perused the Application/Notice of Motion requesting an out of turn hearing for admission of this Appeal.

2. For the reasons set out in the affidavit-in­support, we grant the request of the appellant­assessee and take up the Appeal for admission forthwith.

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