In Commissioner Of Income Tax - 13, Mumbai v. M/S.bafna Transport India, the High Court (2010) dismissed the appeal. The decision went in favour of the assessee.
Decision: 2.In this view of the matter, we see no merit in this appeal and the same is hereby dismissed with no order as 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.1536 OF 2010
Commissioner of Income Tax - 13, Mumbai..Appellant.
Versus
M/s.Bafna Transport India..Respondent.
Mr.Suresh Kumar for the appellant.Mr.Jitendra Singh for the respondent.
CORAM : J.P. Devadhar & R.M. Savant, JJ.
P.C. :
DATE : 21[st] December, 2010.
1.This Appeal is filed by the Revenue against the order of the
Income Tax Appellate Tribunal, deleting penalty levied under Section 271(1)(c) of the Income Tax Act. Counsel for the parties state that the appeal filed by th Revenue against the quantum addition has already been dismissed by this Court on 8[th] April 2009 (Income Tax Appeal No.270 of 2009).
2.In this view of the matter, we see no merit in this appeal and the same is hereby dismissed with no order as costs.
(R.M. Savant, J.)
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