In Itxa/1552/2012 Of Tthje Commissioner Of Income-Tax-Mum,City-Ii v. Shri Faquirchand Mehta (Huf), the High Court (2007) dismissed the appeal. The decision went in favour of the assessee.
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 JURISDICTION
NOTICE OF MOTION NO.1391 OF 2005
NOTICE OF MOTION NO.1391 OF 2005WITHINCOME TAX APPEAL NO.193 OF 2005
The Commissioner of Income Tax, Mumbai ...AppellantV/s.Faquirchand Mehra (H.U.F.)...Respondent
Mr.A.N. Kotangale i/b. Pankaj Kapoor for the Appellant.None for the Respondent.
P.C. :
1.In view of the judgment of this Court reportedin 267 ITR 48(A), the question of law as framed willnot arise. Consequently, the Motion alongwith theAppeal stands dismissed. There shall be no order as tocosts.
[J.P. DEVADHAR, J.]
[F.I. REBELLO, J.]
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