1988 INSC 0093
                                                  C. I. T., Bombay

                                                           Vs

                                Maharashtra State Road Transport Corporation

                                Civil Miscellaneous Petition No. 29955 of 1984

                          (Sabyasachi Mukharji, S. Ranganath Misra, G. L. Oza JJ)

                                                      02.02.1988

                                                        ORDER

In this case there is an application for condonation of delay. The delay is for a very long time. There
is no proper explanation as such. We would have gone into this question in a little greater detail if
there was any merit in this appeal. In view of the decision of this Court in the CIT v. APSRTC (64
IA 40 : AIR 1937 PC 27 : 41 CWN 545) this question is no longer open. In view of the ratio of the
decision of this Court the question has become concluded and is now academic. The respondent,
Maharashtra State Road Transport Corporation, is entitled to exemption from tax. In that view of the
matter the delay is condoned but the appeal is dismissed.

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