In Commissioner Of Income Tax Central-Iii v. Shri G.n.hegde, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: Accordingly, appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
KJ
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.2280 OF 2010
Commissioner of Income Tax Central-III)..AppellantVs.Shri G.N.Hegde)..Respondent
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Mr. P.S.Sahadevan i/by Anamika Malhotra for the appellant.
Mr.S.G.Dalal for the respondent.
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CORAM : J. P .DEVADHAR & MRS.MRIDULA BHATKAR,JJ
DATE : 18/1/2011.
PC
1Counsel for the Revenue fairly states that no fault can be found with the order of the Tribunal in setting aside the penalty levied by the Income tax. Accordingly, appeal is dismissed.
(MRS.MRIDULA BHATKAR,J)
(J.P.DEVADHAR,J)
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