In Itxa/557/2008 Of The Commissioner Of Income Tax-5,Mumbai v. Mr. Ravikant N. Ruia, the High Court (2008) allowed the appeal. The decision went in favour of the Revenue.
Decision: In this view of the matter the present appeal is also dismissed for the reasons recorded therein.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
- 1 -
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
O.O.C.J.
INCOME TAX APPEAL NO.557 OF 2008
...
The Commissioner of Income Tax ...Appellant
v/s.
Shri Ravikant Ruia ...Respondent
...
Mr.R.Ashokan for the Appellant.
Mr.A.K.Jasani for the Respondent.
...
CORAM: D.K.DESHMUKH&
J.P.DEVADHAR, JJ.
DATED:6TH OCTOBER, 2008
P.C.:
The Tribunal by relying upon its decision in the case
of group concern has allowed the claim of the
- 2 -
respondent. Admittedly, the Tax Appeal filed by the
group concern bearing Tax Appeal No.601 of 2005 has
been dismissed by this Court on 16th September, 2008.
In this view of the matter the present appeal is also
dismissed for the reasons recorded therein.
(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