2019 (10) TMI 401 - SCH - Income Tax

Disallowance of expenses on consumption and replacement of stores and spares - capital expenditure OR revenue expenditure - HELD THAT - Issue notice, returnable on 25.11.2019. Mr. Manish J. Shah, learned Advocate accepts notice on behalf of the respondent and, as such, no notice need be served on the respondent. He prays for and is granted two weeks time to file affidavit in reply. Rejoinder, if any, be filed within a week thereafter. List this matter for disposal on 25.11.2019

Summary

Issues:
1. Notice issued based on an order dated 01.07.2019 in SLP (Civil) Diary No.2752 of 2019.
2. Respondent accepts notice and is granted two weeks to file an affidavit in reply.
3. Rejoinder to be filed within a week.
4. Matter listed for disposal on 25.11.2019 along with SLP (Civil) Diary No.2752 of 2019.

Analysis:
The judgment delivered by the Supreme Court pertains to a case where the learned Senior Advocate for the petitioner drew attention to an order dated 01.07.2019 passed in SLP (Civil) Diary No.2752 of 2019. Consequently, notice was issued, returnable on 25.11.2019. The respondent, represented by Mr. Manish J. Shah, Advocate, accepted the notice and was granted a period of two weeks to file an affidavit in reply. It was noted that no separate notice needed to be served on the respondent. Additionally, the respondent was given the opportunity to file a rejoinder within a week after the submission of the affidavit. The Court ordered the matter to be listed for disposal on 25.11.2019, to be heard along with SLP (Civil) Diary No.2752 of 2019, ensuring a comprehensive consideration of the case.