Itxa/1437/2012 Of Commissioner Of Income Tax - 9 v. M/S. Stonewall Developers Pvt.ltd

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1437 OF 2012 … Commissioner of Income Tax-9 ...Appellant v/s.M/s.Stonewall Developers Pvt.Ltd. ...Respondent … Mr.Arvind Pinto for the Appellant.None for the Respondent. ... CORAM : S.C.DHARMADHIKARI & A.A. SAYED, JJ. DATED : 31 OCTOBER 2014 P.C.: Having heard Mr.Pinto, learned Counsel appearing for the Revenue and perusing, with his assistance, the order of the Tribunal, we do not find that it raises any substantial question of law. All that the Tribunal has held is that the Assessee has placed some material before the Commissioner of Income Tax (Appeals). However, that is not only material on which the conclusion of the Commissioner is based. In such circumstances, this not a matter giving rise to a question and substantial one, particularly of interpretation of Rule 46-A of the I.T.Rules, 1961. 2.The Appeal does not raise any substantial question of law. It is, accordingly, dismissed. (A.A. SAYED, J.) (S.C.DHARMADHIKARI,J.)