In Itxa/1426/2009 Of The Commissioner Of Incomed-Tax-1 Nashik v. Shari Minesh Navinchandra Rai, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is dismissed as withdrawn.
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 JURISDICTIONINCOME TAX APPEAL (L) NO.877 OF 2008
The Commissioner of Income Tax
..Appellant.
V/s.
Shri Minesh Navinchandra Rai..Respondent.
Mr.Vimal Gupta for appellant.None for respondent.
CORAM : V.C.DAGA AND J.P.DEVADHAR, JJ. DATED : 18TH JUNE, 2009.
P.C. :-
1.Since the tax effect in this appeal is less than Rs.4 lakhs and in view of the office Memorandum dated 5-6-2007 issued by the C.B.D.T. and judgments of this Court in CIT V/s. Camco Colour Co. (2002) 254 I.T.R.565and CIT V/s. Pithwa Engg. Works (2005) 276 ITR 519, learned counsel for the revenue seeks liberty to withdraw the appeal. The appeal is dismissed as withdrawn.
2.Refund of Court fees as per Rules.
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