In Commissioner Of Income Tax (Central) Ludhiana v. Sanjay Jain, the High Court (2015) dismissed the appeal. The decision went in favour of the assessee.
Decision: Sandeep Jaindecided on 729,9.70/4.We are bound by the said judgment.2.The appeal is therefore, dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF PUNJAB AND HARYANA ATCHANDIGARH
ITA No.417 of 2014 (O&M)Date of decision:19.03.2015)
Commissioner of Income Tax (Central) Ludhiana
Versus
...Appellant
Sanjay Jain
...Respondent
CORAMHONtBLE MR. JUSTICE S.J. VAZIFDAR, ACTING CHIEF JUSTICEHON5BLE MR. JUSTICE G.S. SAANDHAWALI
Present: Mr. Rajesh Katoch, Advocate for the appellant.
S.J. VAZIFDAR, A.C.J. (ORAL)
1]Income Tax Appeal No.261 of 2014 was filed against the samevery order of the Income Tax Appellate Tribunal, which has beenchallenged in this appeal. The said appeal was disposed of by an order andjudgment of Division Bench of this Court in ITA No.261 of 2014 (O&M)
Commissioner of Income Tax (Central), Ludhiana Vs. Sandeep Jaindecided on 729,9.70/4.We are bound by the said judgment.2.The appeal is therefore, dismissed.
(S.J. VAZIFDAR)ACTING CHIEF JUSTICE
19.03.2015Meenu
(G.S. SANDHAWALIA)JUDGE
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue