In Akshay N. Chudasama v. Dy. Commissioner Of Income Tax 12(2) & Others, the High Court (2011) dismissed the appeal. The decision went in favour of the Revenue.
Decision: 2.In this view of the matter, the present appeal is dismissed with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.7017 OF 2010
Akshay N. Chudasama
Versus
Dy. Commissioner of Income Tax 12(2) & Others
..Appellant.
..Respondents.
Mr.Jitendra Singh for the appellant.Ms.P.S. Cardozo for the respondent.
CORAM : J.P. Devadhar &A.R. Joshi, JJ.
DATE : 1[st] December 2011
P.C. :
1.Counsel for the appellant fairly states that the questions of law raised in this appeal are squarely covered in favour of the Revenue and
against the assessee by the decision of this Court in the case of Commissioner of Income Tax V/s. Bharat R. Ruia HUF reported in (2011) 241 CTR 1 (Bom).
2.In this view of the matter, the present appeal is dismissed with no order as to costs.
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