Case LawHigh Court › Itxa/214/2004 Of Koparagaon Sahakari Sak...

Itxa/214/2004 Of Koparagaon Sahakari Sakhar Karkhana Ltd v. The Deputy Commissioner Of Income Tax, Nasjik And Anr

High Court 14 Feb 2005 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/214/2004 Of Koparagaon Sahakari Sakhar Karkhana Ltd v. The Deputy Commissioner Of Income Tax, Nasjik And Anr
Date of order
14 Feb 2005
Assessment year(s)
Outcome
Allowed

Case summary

In Itxa/214/2004 Of Koparagaon Sahakari Sakhar Karkhana Ltd v. The Deputy Commissioner Of Income Tax, Nasjik And Anr, the High Court (2005) allowed the appeal. The decision went in favour of the assessee.

Decision: Hence both the appeals are allowed.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARYORIGINAL CIVIL JURISDICTION IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY INCOME TAX APPEAL NO.214 OF 2004 INCOME TAX APPEAL NO.214 OF 2004 AND AND INCOME TAX APPEAL NO.215 OF 2004 INCOME TAX APPEAL NO.215 OF 2004 Koparagaon Sahakari Sakhar Karkhana Ltd. ..Appellant. V/s. Dy.Commissioner of Income-tax & Anr. ..Respondents. Mr.R.R.Bhosale i/b. B.V.Mahadik for appellant. Mr.R.V.Desai,senior counsel with R.Asokan for respondents. CORAM : S.RADHAKRISHNAN AND CORAM : S.RADHAKRISHNAN AND J.P.DEVADHAR, JJ.DATED : 14TH FEBRUARY, 2005. J.P.DEVADHAR, JJ. DATED : 14TH FEBRUARY, 2005. P.C. :- P.C. :- 1. Heard the learned counsel for the appellant and the respondent. Both learned counsel categorically state that the issues involved in the above appeals are squarely covered by the Judgment of Supreme Court in the case of Siddheshwar Sahakari Karkhana Ltd. V/s. Commissioner of Siddheshwar Sahakari Karkhana Ltd. V/s. Commissioner of Income-Tax & Ors. Income-Tax & Ors. reported in 270 I.T.R.1 against the revenue and in favour of the assessee. Hence both the appeals are allowed. (S.RADHAKRISHNAN, J.) (S.RADHAKRISHNAN, J.) (J.P. DEVADHAR, J.) (J.P. DEVADHAR, J.)
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