In Itxa/431/2001 Of The Commissioner Of Income Tax, Nashik-2 v. Giridharilal R. Madhyan, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.
Decision: Khan on substantive basis has been upheld. would not arise and consequently, the appeal stands dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Mr. Vimal Gupta with Mr.P.S.Sahadevan for theAppellant.
Ms. Aasifa Khan for the Respondent.
CORAM : F.I. REBELLO &R.S. MOHITE, JJ.DATED : 22nd January,2008
protective basis. The learned Tribunal in Para-9 of its
order was pleased to observe as under.
deleted".
2. The revenue is in appeal against this finding and
order.
to be assessed in hand of Usman M. Khan on substantive
basis has been upheld.
would not arise and consequently, the appeal stands
dismissed.
(R.S. MOHITE, J.)
(F.I. REBELLO, J.)
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