In Itxa/2937/2019 Of Pr. Commissioner Of Income Tax-17 v. Saif Marine, the High Court (2023) 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.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 2937 OF 2019
Pr. Commissioner of Income Tax-17
v/s.
Saif Marine
…
Mr. Suresh Kumar, for the Appellant.
…
.. Appellant
.. Respondent
P.C. :
CORAM : K. R. SHRIRAM & KAMAL KHATA, JJ.
DATED : 27TH SEPTEMBER 2023
1. The questions proposed relate to bogus purchases. The same are
covered by the judgment of this Court in the case of NikunjEximp Enterprises v/s. Commissioner of Income Tax1, thejudgment of the Hon’ble Gujarat High Court in the case ofCommissioner of Income Tax v/s. Smith P. Sheth2 and also thejudgment of this Court in the case of Principal Commissioner of3Income Tax-17 v/s. Mohommad Haji Adam& Co.
2.Appeal dismissed.
(KAMAL KHATA, J.)
(K.R. SHRIRAM, J.)
1216 taxmann.com 171(Bom.)
2356 ITR 451(Guj.)3[2019] 103 taxmann.com 459 (Bom.)3[2019] 103 taxmann.com 459 (Bom.)
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