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Itxa/4109/2010 Of The Commissioner Of Income Tax-4,Mumbai v. M/S Nandkishore And Co

High Court 07 May 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/4109/2010 Of The Commissioner Of Income Tax-4,Mumbai v. M/S Nandkishore And Co
Date of order
07 May 2009
Assessment year(s)
Outcome
Dismissed

Case summary

In Itxa/4109/2010 Of The Commissioner Of Income Tax-4,Mumbai v. M/S Nandkishore And Co, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.

Decision: The appeal is, therefore, dismissed in limini with no order as to costs.

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 BOMBAYORDINARY ORIGINAL CIVIL JURISDICTIONINCOME TAX APPEAL NO.2330 OF 2007 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.2330 OF 2007 The Commissioner of Income Tax ..Appellant. V/s. M/s.Nankishore & Co. ..Respondent. Mr.Vimal Gupta for appellant. None for respondent. CORAM : V.C.DAGA AND J.P.DEVADHAR, JJ. DATED : 7TH MAY, 2009. P.C. :- P.C. :- 1. Heard learned counsel for the rival parties. Learned counsel for the revenue fairly states that the same is covered by the Division Bench judgment of this Court in the case of Commissioner of Commissioner ofIncome Tax V/s. Walfort Share and Stock BrokersP.Ltd. reported in [2009] 310 I.T.R. 421. Moreover, Income Tax V/s. Walfort Share and Stock Brokers P.Ltd. the tax impact in the present case is less than Rs.4 lakhs. The appeal is, therefore, dismissed in limini with no order as to costs. (J.P.DEVADHAR, J.) (J.P.DEVADHAR, J.)(V.C.DAGA, J.)
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