Case Law › High Court › By This Court In Cit v. Nalwa Sons Inves...

By This Court In Cit v. Nalwa Sons Investment Ltd. 327 Itr 543

High Court 05 May 2011 In favour of: Assessee

Forum / Bench

High Court · dhcdb

Parties

Date of order

05 May 2011

Assessment year(s)

—

Outcome

Dismissed

The order — as passed by the High Court

Case summary

In By This Court In Cit v. Nalwa Sons Investment Ltd. 327 Itr 543, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.

Decision: As a result. this appeal also stands disposed of. h+ltl 1A"i<..

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

Signature Not Verified Digitally Signed By:AMULYACertify that the digital file andphysical file have been compared andthe digital data is as per the physicalfile and no page is missing. , Following that judgment the question is answered in favour of the assessee and against the Revenue and as a result said appeal is dismissed. In view of the aforesaid nothing survives in ITA 717/2011. even otherwise in such circumstances penalty could not be imposed as held by this Court in CIT v. Nalwa Sons Investment Ltd. 327 ITR 543. As a result. this appeal also stands disposed of. h+ltl 1A"i<.. SIKRI, J. M.L. MEHTA, J. MAY 5,2011 AI'

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