{"id":3320,"date":"2011-06-12T17:33:50","date_gmt":"2011-06-12T12:03:50","guid":{"rendered":"http:\/\/itatonline.org\/archives\/?p=3320"},"modified":"2011-06-12T17:33:50","modified_gmt":"2011-06-12T12:03:50","slug":"geofin-investment-p-ltd-vs-cit-delhi-high-court-tribunal-entitled-to-do-own-research-rely-on-non-cited-cases","status":"publish","type":"post","link":"https:\/\/itatonline.org\/archives\/geofin-investment-p-ltd-vs-cit-delhi-high-court-tribunal-entitled-to-do-own-research-rely-on-non-cited-cases\/","title":{"rendered":"Geofin Investment (P) Ltd vs. CIT (Delhi High Court)"},"content":{"rendered":"<table width=\"150\" border=\"0\" align=\"right\">\n<tr>\n<td><a href=\"https:\/\/itatonline.org\/archives\/?dl_id=451\" onclick=\"if (event.button==0) \r\n     setTimeout(function () { window.location = 'http:\/\/itatonline.org\/downloads.php?varname=dl_id=451&varname2=geofin_non_cited_cases.pdf'; }, 100)\" ><strong>Click here to download the judgement (geofin_non_cited_cases.pdf) <\/strong> <\/a><\/p><\/td>\n<\/tr>\n<\/table>\n<p><strong><br \/>\nTribunal entitled to do &#8220;own research&#8221; &#038; rely on non-cited cases<br \/>\n<\/strong><\/p>\n<p>The assessee&#8217;s appeal on disallowance made on account of short term capital loss and long term capital loss was decided by the Tribunal by relying on a decision of the Mumbai Bench in <strong>Macintosh Finance Estates Ltd vs ACIT<\/strong> <em>which had not been cited by either party to the appeal<\/em>. The assessee filed a MA u\/s 254(2) claiming that <em>reliance on a non-cited judgement was an apparent mistake<\/em> which was dismissed by the Tribunal. On a Writ Petition filed by the assessee, HELD dismissing the Petition:<\/p>\n<blockquote><p>Reliance and reference to reasons stated in another decision cannot be regarded as a mistake apparent from the record. <strong>It is not unusual or abnormal for Judges or adjudicators to refer and rely upon judgments\/decisions after making their own research<\/strong>. <\/p><\/blockquote>\n<div class=\"journal2\">\nFor a <em>contrary view<\/em> see <strong><a href=\"http:\/\/www.itatonline.org\/f\/o.php?url=http:\/\/www.indiankanoon.org\/doc\/1214182\/\">Inventure Growth and Securities vs. ITAT<\/a><\/strong> 324 ITR 319 (Bom), <strong><a href=\"http:\/\/itatonline.org\/archives\/index.php\/naresh-pahuja-vs-cit-bombay-high-court\">Naresh K. Pahuja vs. ITO<\/a><\/strong> 224 CTR 284 (Bom) &#038; the cases cited therein\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Reliance and reference to reasons stated in another decision cannot be regarded as a mistake apparent from the record. <strong>It is not unusual or abnormal for Judges or adjudicators to refer and rely upon judgments\/decisions after making their own research<\/strong><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/itatonline.org\/archives\/geofin-investment-p-ltd-vs-cit-delhi-high-court-tribunal-entitled-to-do-own-research-rely-on-non-cited-cases\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4,5],"tags":[],"class_list":["post-3320","post","type-post","status-publish","format-standard","hentry","category-all-judgements","category-high-court"],"acf":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/posts\/3320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/comments?post=3320"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/posts\/3320\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/media?parent=3320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/categories?post=3320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/tags?post=3320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}