Commissioner Of Income-Tax (Central),Nagpur v. M/S. Kasliwal Developers,Aurangabad
High Court
19 Jan 2015 In favour of: Assessee
Forum / Bench
High Court · hcaurdb
Parties
Commissioner Of Income-Tax (Central),Nagpur v. M/S. Kasliwal Developers,Aurangabad
Date of order
19 Jan 2015
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Commissioner Of Income-Tax (Central),Nagpur v. M/S. Kasliwal Developers,Aurangabad, the High Court (2015) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeals stand dismissed. [ V.K.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
1
ITA33.2014
IN THE HIGH COURT OF JUDICATURE AT BOMBAYBENCH AT AURANGABAD
INCOME TAX APPEAL NO. 33 OF 2014
Commissioner of Income-Tax (Central),Nagpur.
..Appellant
Versus
M/s. Kasliwal Developers,Aurangabad.
.. Respondent
ALONG WITH
INCOME TAX APPEAL NO. 34 OF 2014
Commissioner of Income-Tax (Central),Nagpur.
..Appellant
Versus
M/s. Kasliwal Vishwa,Aurangabad... Respondent
ALONG WITH
INCOME TAX APPEAL NO. 35 OF 2014
Commissioner of Income-Tax (Central),Nagpur.
..Appellant
Versus
M/s. Kasliwal Vishwa,Aurangabad.
.. Respondent
ALONG WITH
INCOME TAX APPEAL NO. 36 OF 2014
2
ITA33.2014
Commissioner of Income-Tax (Central),Nagpur.
..Appellant
Versus
M/s. Kasliwal Vishwa,Aurangabad.
.. Respondent
ALONG WITH
INCOME TAX APPEAL NO. 37 OF 2014
Commissioner of Income-Tax (Central),Nagpur...Appellant
Versus
M/s. Kasliwal Vishwa,Aurangabad.
.. Respondent
-----------
In all cases:
Mr Alok Sharma, Advocate for the appellantMr Anil S. Bajaj, Advocate with Ms Ankita Sethiya, Advocate & Mr Harshwardhan Bajaj, Advocate for respondent-----------
CORAM: A.V. NIRGUDE & V. K. JADHAV, JJ. DATED: JANUARY 19 , 2015
PER COURT :-
1.Heard learned counsel for respective parties. In these cases, the respondent has offered its profit to tax for various Assessment Years in respect of a housing project, which they developed for which approval was given by the local
ITA33.2014
authorities before 31[st] March, 2005. In this factual background,
the impugned judgment appears to be in consonance with the law laid down by this Court in the case of The Commissioner of
Income Tax Vs. Happy Home Enterprises, (2014) 271 CTR(Bom) 524. The present appeals do not give rise of any substantial question of law. The appeals stand dismissed.
[ V.K. JADHAV, J. ]
[ A.V. NIRGUDE, J. ]
sgp
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