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Itxa/616/2009 Of The Commissioner Of Income Tax-23, Mumbai v. M/S. Rohan Janam Brokerage Co

High Court 12 Jun 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/616/2009 Of The Commissioner Of Income Tax-23, Mumbai v. M/S. Rohan Janam Brokerage Co
Date of order
12 Jun 2009
Assessment year(s)
1995-96
Outcome
Dismissed

Case summary

In Itxa/616/2009 Of The Commissioner Of Income Tax-23, Mumbai v. M/S. Rohan Janam Brokerage Co, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.

Decision: The appeal is, therefore, dismissed in limini with no order as to costs.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTIONINCOME TAX APPEAL NO.616 OF 2009 The Commissioner of Income Tax..Appellant. V/s. M/s.Rohan Janam Brokerage Co...Respondent. Ms. Suhitra Kamble for appellant.Mr.B.V.Jhaveri with Priti V.Shukla for respondent. P.C. :- 1.Heard learned counsel for the revenue and the respondent. It is brought to our notice that by a common order dated 9th September, 2005 the Tribunal has disposed of the appeals for the assessment years 1995-96, 1996-97, 1998-99 and 1999-2000. Taking the same view, it is stated that the appeals which were dismissed for the A.Y. 1995-96, 1997-1998, 1998-99 and 1999-2000 were having the tax effect of more than Rs.4 lakhs. In spite of this, the revenue has accepted the order of the Tribunal whereby the appeals were decided for the assessment years 1995-96, 1996-97, 1998-99 and 1999-2000. 2.The view taken by the Tribunal in those appeals is the view taken in the impugned order in the case of the assessee. Under these circumstances, we do not find any substantial question of law arise in the appeal. The appeal is, therefore, dismissed in limini with no order as to costs. (J.P.DEVADHAR, J.) (V.C.DAGA, J.)
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