In Itxa/1466/2017 Of Pr.commissioner Of Income Tax-25 v. Devendra Kantilal Chheda, the High Court (2021) decided the matter.
Decision: Walve, the following order by consent but without prejudice to the rights and contentions of the parties ispassed: (a)The Order of Income Tax Appellate Tribunal (ITAT) dated 19[th] October2016 is quashed and set aside.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Digitallysigned byMEERAMEERAMAHESHMAHESHJADHAVJADHAVDate:2021.11.2411:21:36+0530
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTIONINCOME TAX APPEAL NO.1466 OF 2017
Pr. Commissioner of Income Tax-25
V/s.Devendra Kantilal Chheda
….Appellant
…Respondent
----
Mr. Sham Walve for Appellants
Dr. K. Shivaram, Senior Advocate i/b Mr. Rahul Hakani for Respondent
----
CORAM : K.R. SHRIRAM &
AMIT B. BORKAR, JJ
DATED : 23[rd] NOVEMBER 2021
P.C. :
1After we heard Mr. Shivaram and Mr. Walve, the following order by
consent but without prejudice to the rights and contentions of the parties ispassed:
(a)The Order of Income Tax Appellate Tribunal (ITAT) dated 19[th] October2016 is quashed and set aside.
(b) The matter is remanded for denovo consideration on the four grounds
as raised by respondent in its appeal in ITA No.6012/Mum/2014 for A.Y.-2010-2011.
(c)The ITAT shall give a finding on all the four grounds.
(d) The ITAT shall complete the hearing and pass an order on or before31[st] March 2022.31[st] March 2022.
(e)Appeal disposed.
(AMIT B. BORKAR, J)
(K.R. SHRIRAM, J.)
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.