COMMISSIONER OF INCOME TAX V. CHHATTISGARH STATE INDUSTRIAL DEVELOPMENT CORPORATION LTD.

TAXC/13/2010

AI Insights

The case involves the Commissioner of Income Tax, Raipur (C.G.) as the appellant, contesting against the Chhattisgarh State Industrial Development Corporation Ltd, Raipur (C.G.) as the respondent. The core issue revolves around the appellant's failure to meet the statutory requirements under the Income Tax Act, 1961, specifically concerning the rectification of a default. The appellant sought relief from the High Court of Bilaspur after the initial proceedings did not favor them. However, the court found that the appellant did not adhere to the prescribed conditions for rectification of the default, leading to the dismissal of the appeal.

• Counselvise Citation: [2009] 140 COUNSELVISE.COM (IT) 727922 (HC-CHHATTISGARH)
• Appeal Type: Others
• Pronouncement Date: 02-04-2009
• Assessment Year: misc
• Laws Referred To: Income Tax Act 1961
• Result in Favour of: Revenue
• Court: HIGH COURT
• Assessee Lawyers: S RAO
• Keywords: Default; Dismissal; Income Tax
• Section: 147; 148; 143(3); 153A; 68

Judgement Text

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