Itxa/1523/2009 Of The Commissioner Of Income Tax - 8, Mumbai v. Marwah Steels Pvt. Ltd., Mumbai

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1501 OF 2009ANDINCOME TAX APPEAL NO.1503 OF 2009ANDINCOME TAX APPEALNO.1523 OF 2009 The Commissioner of Income Tax ..Appellant. V/s. Marwah Steels Pvt. Ltd...Respondent. Mr. Suresh Kumar for appellant.Mr. S.C. Tiwari with V.S. Hadade for respondent. CORAM : V.C.DAGA AND J.P.DEVADHAR, JJ. DATED : 29TH AUGUST, 2009. P.C. :- 1.Heard learned counsel for the revenue. Office objections are overruled. Registry is directed to register the appeal. At the instance of the parties, appeals are taken up for admission. 2.The question sought to be raised in the above appeals relate as to whether the income of the assessee derived from the house property was rightly determined under section 23(1)(a) of the Income Tax Act, 1961. The issue sought to be raised is covered by the judgment of this Court in the case of CITV/s. Akshay Textiles Trading & Agencies P. Ltd. reported in [2008] 304 ITR 401(Bom). The view taken by the Tribunal is reasonable and possible view. No fault can be found with the impugned order. In his view of the matter, the appeal is dismissed in limini with no order as to costs. (J.P.DEVADHAR, J.) (V.C.DAGA, J.)