Itxa/338/2016 Of M/S Fortune Jholdings Pvt. Ltd v. The Commissioner Of Income Tax Ii And Anr
High Court
24 Jul 2017 In favour of: Revenue
Forum / Bench
High Court · newos
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Itxa/338/2016 Of M/S Fortune Jholdings Pvt. Ltd v. The Commissioner Of Income Tax Ii And Anr
Date of order
24 Jul 2017
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itxa/338/2016 Of M/S Fortune Jholdings Pvt. Ltd v. The Commissioner Of Income Tax Ii And Anr, the High Court (2017) dismissed the appeal. The decision went in favour of the Revenue.
Decision: (27-28-30-31-32-33-34-35)ITXANos.5722014 2In view of that, the Appeals stand dismissed in view ofthe Order dated 7[th] September 2016 in Income-Tax Appeal No.211of 2014.
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
ORDINARY ORIGINAL CIVIL JURISDITION
INCOME TAX APPEAL NO.745 OF 2015
Smt.Pratima H.Mehta
V/s.
The Commissioner of Income-Tax-II,Mumbai
...Appellant
...Respondent
WITHINCOME TAX APPEAL NO.902 OF 2015WITH
INCOME TAX APPEAL NO.417 OF 2016
Smt.Pratima H.Mehta
...Appellant
V/s.The Commissioner of Income-Tax-II,Mumbai & Anr....Respondent
WITH
INCOME TAX APPEAL NO.338 OF 2016
M/s.Fortune Holdings Pvt. Ltd.
V/s.
The Commissioner of Income-Tax-II,Mumbai & Anr
...Appellant
....Respondent
WITH
INCOME TAX APPEAL NO.453 OF 2016
M/s.Velvet Holdings Pvt. Ltd.
V/s.
The Commissioner of Income-Tax-II,Mumbai & Anr
...Appellant
....Respondent
WITHINCOME TAX APPEAL NO.341 OF 2016WITHINCOME TAX APPEAL NO.344 OF 2016WITHINCOME TAX APPEAL NO.420 OF 2016
M/s.Eminent Holdings Pvt. Ltd. ...Appellant
V/s.
The Commissioner of Income-Tax-II,Mumbai & Anr....Respondent
.....
Mr.Pankaj Toprani with Ms.Krupa Toprani, Advocate for theAppellant in ITXA/745/2015, ITXA/902/2015, ITXA/338/2016,ITXA/417/2016,ITXA/453/2016,ITXA/341/2016, ITXA/344/2016and ITXA/420/2016.
None for the Respondent in ITXA/745/2015, ITXA/902/2015,ITXA/338/2016, ITXA/417/2016, ITXA/453/2016.
Mr.A.R.Malhotra with Mr.N.A.Kazi, Advocate for the Respondentin ITXA/341/2016, ITXA/344/2016 and ITXA/420/2016
....
CORAM :S.V.GANGAPURWALA &A.M.BADAR JJ.
DATED :24[th] July 2017.
P.C.
1The learned counsel fairly concedes that the issueinvolved in the present appeals are covered by the Order of thisCourt in Income-Tax Appeal No.211 of 2014 dated 7[th] September2016 and the other questions in some of the Appeals are not beingpressed by the Appellant.
(27-28-30-31-32-33-34-35)ITXANos.5722014
2In view of that, the Appeals stand dismissed in view ofthe Order dated 7[th] September 2016 in Income-Tax Appeal No.211of 2014.
3No costs.
( A.M.BADAR J.)
( S.V.GANGAPURWALA J.)
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