In Hemendra Ranchhoddas Merchant v. Director Of Income Tax And Ors, the High Court (2012) dismissed the appeal. The decision went in favour of the Revenue.
Decision: For the reasons already indicated by the Court while dismissing Writ Petition 47 of 2011, the Petition stands disposed of.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
WRIT PETITION (L) NO. 768 OF 2011
Hemendra Ranchhoddas Merchant ...Petitioner
Versus
Director of Income Tax and Ors. ...Respondents
Mr. O.J. Menezes with Mr. P.P. Prabhu for the Petitioner.
Mr. Suresh Kumar for Respondents.
CORAM : DR. D.Y. CHANDRACHUD &M.S. SANKLECHA,JJ.DATED : APRIL 02, 2012
P.C.
Counsel appearing on behalf of the Petitioner and the Revenue, state that the facts in the present case are similar to those in Writ Petition 47 of 2011, which is dismissed today. For the reasons already indicated by the Court while dismissing Writ Petition 47 of 2011, the Petition stands disposed of. There shall be no order as to costs.
(DR. D.Y. CHANDRACHUD,J.)
(M.S. SANKLECHA,J.)
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