In Itxa/462/2008 Of The Commissioner Of Income-Tax-Xvi,Mum v. Madhav N.bhatkuly, the High Court (2008) decided the matter.
Decision: Appeal is rejected. .Parties to act on the copy of this order dulyauthenticated by the Associate / Private Secretary ofthe Court. .Certified copy is expedited.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTIONINCOME TAX APPEAL NO.462 OF 2008The Commissioner of Income Tax-XVI,Mumbai 400 007...Appellantv/sShri Madhav N. Bhatkuly...RespondentMs Anuradha Mane for Appellant.Mr K. Gopal with Mr Jitendra Singh for Respondent.CORAM : D.K. DESHMUKH AND J.P. DEVADHAR JJ.DATE: 5TH SEPTEMBER 2008
P.C.-1.On recording a clear finding of fact thatthere is no concealment on the part of the assessee, thepenalty has been set aside by the Tribunal. No questionof law arises in this appeal. Appeal is rejected.
.Parties to act on the copy of this order dulyauthenticated by the Associate / Private Secretary ofthe Court.
.Certified copy is expedited.
( D.K. DESHMUKH J.)
( J.P. DEVADHAR J.)
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.
EaseValue