Case Law › High Court › Itxa/3714/2010 Of The Commissioner Of In...

Itxa/3714/2010 Of The Commissioner Of Income Tax,City-X,Bombay v. Cmc Ltd

High Court 13 Dec 2005 In favour of: Revenue

Forum / Bench

High Court · newos

Parties

Date of order

13 Dec 2005

Assessment year(s)

—

Outcome

Allowed

Case summary

In Itxa/3714/2010 Of The Commissioner Of Income Tax,City-X,Bombay v. Cmc Ltd, the High Court (2005) allowed the appeal. The decision went in favour of the Revenue.

Decision: Appeal is allowed to be withdrawn with liberty to raise this issue before the Tribunal by making necessary application.

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 BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION Income Tax Appeal (L) No.140 of 2003 The Commissioner of Income-tax ... Appellant v/s. M/s.CMC Ltd. ... Respondent Mr.Ashok Kontangale for appellant. None for respondent. ---- CORAM : H.L. GOKHALE & J.P. DEVADHAR, JJ. DATED : 13th December 2005 P.C. : 1. Mr.Kontangale appearing for the appellant states that the appellant may move a Miscellaneous Application for the review of the impugned order since the appellant would like to canvass that more than 50% of the shares of the concerned Company are not held by the Company. The Tribunal will consider the submissions as and when any such Application is made. 2. Mr.Kontangale, therefore, withdraws this Appeal. Appeal is allowed to be withdrawn with liberty to raise this issue before the Tribunal by making necessary application. (H.L. GOKHALE, J.) (H.L. GOKHALE, J.) -2- (J.P. DEVADHAR, J.) (J.P. DEVADHAR, J.)

Facing a similar income-tax issue?

Our CA-led litigation team handles notices, scrutiny, penalties and appeals (CIT(A) & ITAT) end-to-end.

✅ File an income-tax appeal (CIT(A)/ITAT) → 💬 Ask our CA

This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.

Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation. Full disclaimer & Terms.