Itxa/3528/2009 Of The Commissioner Of Income Tax -9 Mumbai v. M/S Shree Ganesh Broking Service Pvt. Ltd
High Court
07 May 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/3528/2009 Of The Commissioner Of Income Tax -9 Mumbai v. M/S Shree Ganesh Broking Service Pvt. Ltd
Date of order
07 May 2009
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itxa/3528/2009 Of The Commissioner Of Income Tax -9 Mumbai v. M/S Shree Ganesh Broking Service Pvt. Ltd, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is thus dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
AGK IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL (L) NO.1950 OF 2007
The Commissioner of Income-
Tas - 9, Mumbai ..Appellant.
V/s.
M/s.Shree Ganesh Broking Service
Private Limited ..Respondent.
Mr.J.S. Saluja for the appellant.
None for the respondent.
CORAM : V.C. DAGA &
J.P. DEVADHAR, JJ.
DATED : 7TH MAY, 2009.
P.C. :
1. Since the tax effect is less than Rs.4 lakh
and in view of Office Memorandum dated 5-6-2007
issued by the C.B.D.T. and judgments of this Court
in CIT V/s. Camco Colour Co (2002) 254 ITR 565 and
CIT Pithwa Engg. Works (2005) 276 ITR 519, the
appeal is dismissed. Even otherwise, the issue
sought to be raised in this appeal is squarely
covered by the Division Bench judgment of this
Court in the case of Commissioner of Income Tax
V/s. Walfort Share and Stock Brokers P. Ltd.
reported in [2009] 310 ITR 421.
2. The appeal is thus dismissed. No order as
to costs.
(V.C. Daga, J.)
(J.P. Devadhar, J.)
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