Itxa/1606/2013 Of Commissioner Of Income Tax-7 v. M/S Palm Springs Estate Pvt. Ltd
High Court
22 Apr 2015 In favour of: Assessee
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Itxa/1606/2013 Of Commissioner Of Income Tax-7 v. M/S Palm Springs Estate Pvt. Ltd
Date of order
22 Apr 2015
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itxa/1606/2013 Of Commissioner Of Income Tax-7 v. M/S Palm Springs Estate Pvt. Ltd, the High Court (2015) 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.
The order — as passed by the High Court
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTIONINCOME TAX APPEAL NO.1606 OF 2013
Commissioner of Income Tax-7, Mumbai..Appellant.V/s.M/s. Palm Springs Estate Pvt. Ltd...Respondent.
Mrs.S.V.Bharucha for the appellant. Mr.Hiro Rai with Mr.Subhash S. Shetty for the respondent.
CORAM : S.C.DHARMADHIKARI AND A.K. MENON, JJ.
DATED : 22ND APRIL, 2015
P.C. :-
Having heard Mrs.Bharucha, learned counsel appearing for the revenue in support of this appeal, we do not find that the Tribunal's order raises any substantial question of law. The Tribunal has found that the Commissioner referred to the correct legal position. The Tribunal found that the said legal position also applies in the facts and circumstances and the stand of the respondent-assessee. In the circumstances, no substantial question of law arises for our consideration in this appeal. The appeal is dismissed. No order as to costs.
(A.K.MENON, J.) (S.C.DHARMADHIKARI, J.)
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