In Itxa/222/2010 Of The Commissioner Of Income Tax - 5, Mumbai v. Shri. Avinash B. Jaising, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is, therefore, dismissed in limini with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL (L) NO.2704 OF 2008
The Commissioner of Income Tax
..Appellant.
V/s.
Shri Avinash B. Jaising
..Respondent.
Mr. P.S. Sahadevan for appellant.
Mr. Ashok Kotangale with B.K. barve & A.D. Nagarjun and S.B.Barve i/b. B.K.Barve for respondent.
CORAM : V.C.DAGA AND J.P.DEVADHAR, JJ.
DATED : 31ST JULY, 2009.
P.C. :-
Heard learned counsel for the parties. Both the counsel admit
the issue sought to be raised in this appeal is covered by the judgment of the Supreme Court in the case of Supreme Court of India V/s.SettlementCommissioner (IT &WT)reported in [2009] 178 Taxman 116 (S.C.). In this view of the matter, no substantial question of law arise in this appeal. The appeal is, therefore, dismissed in limini with no order as to costs.
(J.P.DEVADHAR, J.)
(V.C.DAGA, J.)
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