Case LawHigh Court › Itxa/261/2004 Of The Commissioner Of Inc...

Itxa/261/2004 Of The Commissioner Of Income-Tax,Bombay v. M/S Honey Diamonds

High Court 12 Jun 2006 In favour of: Unclear
Forum / Bench
High Court · newos
Parties
Itxa/261/2004 Of The Commissioner Of Income-Tax,Bombay v. M/S Honey Diamonds
Date of order
12 Jun 2006
Assessment year(s)
Outcome
Other

Case summary

In Itxa/261/2004 Of The Commissioner Of Income-Tax,Bombay v. M/S Honey Diamonds, the High Court (2006) decided the matter.

Issue: Admit on the following substantial question of law:- " Whether on the facts and in the circumstances of the case and in law, the Tribunal is correct in law in allowing the appeal of the assesee and setting aside the order of the assessing officer as to treating the interest earned on Fixed deposits...

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 JURISDICTIONINCOME TAX APPEAL NO.261 OF 2004 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY INCOME TAX APPEAL NO.261 OF 2004 The Commissioner of Income-tax ..Appellant. V/s. M/s.Honey Diamonds ..Respondent. Mr.Ashok Kotangale with Mr.Prashan Uchil for appellant. CORAM : V.C. DAGA AND J.P.DEVADHAR, JJ.DATED : 12TH JUNE, 2006. CORAM : V.C. DAGA AND J.P.DEVADHAR, JJ. DATED : 12TH JUNE, 2006. P.C. :- P.C. :- . Heard. Admit on the following substantial question of law:- " Whether on the facts and in the circumstances of the case and in law, the Tribunal is correct in law in allowing the appeal of the assesee and setting aside the order of the assessing officer as to treating the interest earned on Fixed deposits as income from other sources ? " (V.C. DAGA, J.) (V.C. DAGA, J.) (J.P.DEVADHAR, J.) (J.P.DEVADHAR, J.)
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