In Itxa/6417/2010 Of The Commissioner Of Income Tax 2 Mumbai v. Lochness Investment Pvt Ltd, the High Court (2009) decided the matter.
Decision: Appeal is, therefore, dismissed in limine 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 BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL (L) NO. 2038 OF 2009
The Commissioner of Income-tax-,
... Appellant.
M/s.Lochness Investment Pvt.Ltd.
... Respondent.
Suresh Kumar for the appellant.
P.C. :
CORAM :V.C.DAGA AND J.P.DEVADHAR, JJ.DATED : 10[th] September 2009.
Heard learned counsel for the appellant- Revenue.
Office objections are over-ruled. Appeal is taken up for hearing at the request of learned counsel for the appellant.
2.The questions sought to be raised in this appeal revolve around appreciation of evidence based on which findings of fact are recorded by the Tribunal. The Tribunal has concurred with the view taken by the C.I.T.(A). Considering the concurrent findings of fact with which no fault can be found, we see no substantial question of law involved in this appeal. Appeal is, therefore, dismissed in limine with no order as to costs.
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