In Heard Learned Counsel For The Parties v. M/S Sumi Gems, Mumbai, the High Court (2009) decided the matter.
Decision: Appeal is, therefore, dismissed in limine with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
The Commissioner of Income-tax.
... Appellant.
V/s.
M/s.Sumi Gems.`... Respondent.
P.S.Sahadevan i/b. Anuradha Mane for the appellant.
J.D.Mistry i/b. Shah Jayendra S for the respondent.
P.C. :
Heard learned counsel for the parties.
2.Learned counsel for appellant- revenue fairly submits that the issues sought to be raised in this appeal is covered by the judgment of this Court in the case of C.I.T. v. Badridas Gauridu (P.) Ltd., (2003) 261 ITR 256 (Bom.). The said judgment is also relied upon by the Tribunal in its judgment. In this view of the matter, we see no substantial question of law involved in this appeal. Appeal is, therefore, dismissed in limine with no order as to costs.
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