Itxa/269/2008 Of The Commissionber Ofincome-Tax-7,Mum v. M/S Steller Equity Management Services Pvt Ltd
High Court
01 Aug 2008 In favour of: Unclear
Forum / Bench
High Court · newos
Parties
Itxa/269/2008 Of The Commissionber Ofincome-Tax-7,Mum v. M/S Steller Equity Management Services Pvt Ltd
Date of order
01 Aug 2008
Assessment year(s)
—
Outcome
Other
Case summary
In Itxa/269/2008 Of The Commissionber Ofincome-Tax-7,Mum v. M/S Steller Equity Management Services Pvt Ltd, the High Court (2008) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
1
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
The Commissioner of Income Tax-7...Appellant
M/s.Stellar Equity Management Services Pvt.Ltd....Respondent.
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Mr.Suresh Kumar, for appellant.
Mr.Deepak Traishawala with Lalit Jain i/b. LalitKumar Jain & Co., for Respondent.
CORAM: D.K.DESHMUKH & J.P.DEVADHAR, JJ.
DATED: 1[st] August, 2008.
P.C.:-
1.Heard the learned Counsel appearing for boththe sides. The Tribunal in the peculiar facts of thecase, that because the unit had become sick and evenwhen the tribunal made the order, the lease rent forthe assessment year 1997-98 was not received, has
recorded the finding that it has become bad debt. Noquestion of law arises. Hence, the appeal isrejected.
(D.K.DESHMUKH, J.)(J.P.DEVADHAR, J.)
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