In Itxa/61/2008 Of The Commissioner Of Income-Taxmcity7,Mum v. M/S Sidhvan Yarns Ltd, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.
Issue: CHANDIWAL,JJ.DATE : 25TH JUNE, 2008. as to whether the assessee claimed higher consumption of raw material.
Decision: The question of law as prayed does not ariseand consequently, the appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL JURISDICTION
INCOME TAX APPEAL NO. 61 OF 2008
The Commissioner ofIncome-tax-City 7.
V/s.
M/s. Sidhvan Yarns Ltd.
Mr. A.D. Kango for the Appellant.None for the Respondent.
P.C. :
... Appellant.
... Respondent.
....
....
CORAM : F.I. REBELLO &K.U. CHANDIWAL,JJ.DATE : 25TH JUNE, 2008.
as to whether the assessee claimed higher consumption
of raw material.
Tribunal further held that ITO had to give a specific
finding in which case it was not done.
3.The Appeal is purely based upon the findingsof fact. The question of law as prayed does not ariseand consequently, the appeal is dismissed.
(F.I. REBELLO, J.)
(K.U. CHANDIWAL,J.)
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