In Itxa/3007/2019 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.
Digitallysigned bySANDHYASANDHYABHAGUBHAGUWADHWAWADHWADate:2023.09.2917:28:56+0530
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 3007 OF 2019
Pr. Commissioner of Income Tax-17
.. Appellant
v/s.
Saif Marine
.. Respondent
…
Mr. Suresh Kumar, for the Appellant.
…
CORAM : K. R. SHRIRAM & KAMAL KHATA, JJ.
DATED : 27TH SEPTEMBER 2023
P.C. :
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.)
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