In Itxa/550/2009 Of The Commissioner Of Income Tax Central-Iv, Mumbai v. Shri Subhash Gupta, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is dismissed as withdrawn with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.550 OF 2009
The Commissioner of Income Tax
..Appellant.
V/s.
Shri Subhash Gupta
..Respondent.
Mr. N.A. Kazi for appellant.
None for respondent.
CORAM : V.C.DAGA AND J.P.DEVADHAR, JJ.DATED : 30TH NOVEMBER, 2009.
P.C. :-
1.Learned counsel for the revenue seeks liberty to withdraw the appeal since the tax impact is less than Rs.4 lakhs. The appeal is dismissed as withdrawn with no order as to costs.
2.Refund of court fees as per rules.
(J.P.DEVADHAR, J.)
(V.C.DAGA, J.)
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