Itxa/676/2008 Of The Commissisoner Of Income-Tax,Central-Ii,Mum v. M/S Gowmore Research And Asset Management Ltd

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION (1) INCOME TAX APPEAL NO.676 OF 2008 (2) INCOME TAX APPEAL NO.1053 OF 2008 WITH INCOME TAX APPEAL NO.675 OF 2008 WITH INCOME TAX APPEAL NO.676 OF 2008 WITH INCOME TAX APPEAL NO.1054 OF 2008 WITH INCOME TAX APPEAL NO.1350 OF 2008 WITH INCOME TAX APPEAL NO.1354 OF 2008 WITH INCOME TAX APPEAL NO.1355 OF 2008 WITH INCOME TAX APPEAL NO.1356 OF 2008 WITH INCOME TAX APPEAL NO.1381 OF 2008 WITH INCOME TAX APPEAL NO.1382 OF 2008 WITH INCOME TAX APPEAL NO.1384 OF 2008 WITH INCOME TAX APPEAL NO.1385 OF 2008 WITH INCOME TAX APPEAL NO.1387 OF 2008 WITH INCOME TAX APPEAL NO.1391 OF 2008 WITH INCOME TAX APPEAL NO.1392 OF 2008 WITH INCOME TAX APPEAL NO.1399 OF 2008 WITH INCOME TAX APPEAL NO.1401 OF 2008 WITH INCOME TAX APPEAL NO.1417 OF 2008 WITH INCOME TAX APPEAL NO.1422 OF 2008 WITH INCOME TAX APPEAL NO.1425 OF 2008 WITH INCOME TAX APPEAL NO.1426 OF 2008 WITH INCOME TAX APPEAL NO.1503 OF 2008 WITH INCOME TAX APPEAL NO.1504 OF 2008 WITH INCOME TAX APPEAL NO.1505 OF 2008 WITH INCOME TAX APPEAL NO.1506 OF 2008 WITH INCOME TAX APPEAL (L) NO.1507 OF 2008 WITH INCOME TAX APPEAL (L) NO.1508 OF 2008 WITH : 2 : INCOME TAX APPEAL (L) NO.1509 OF 2008 WITH INCOME TAX APPEAL (L) NO.1510 OF 2008 WITH INCOME TAX APPEAL (L) NO.1566 OF 2008 WITH INCOME TAX APPEAL (L) NO.1567 OF 2008 WITH INCOME TAX APPEAL (L) NO.1568 OF 2008 WITH INCOME TAX APPEAL (L) NO.1569 OF 2008 WITH INCOME TAX APPEAL (L) NO.1570 OF 2008 WITH INCOME TAX APPEAL (L) NO.1571 OF 2008 WITH INCOME TAX APPEAL (L) NO.1572 OF 2008 WITH INCOME TAX APPEAL (L) NO.1632 OF 2008 WITH INCOME TAX APPEAL (L) NO.1633 OF 2008 WITH INCOME TAX APPEAL (L) NO.1639 OF 2008 WITH INCOME TAX APPEAL (L) NO.1711 OF 2008 WITH INCOME TAX APPEAL (L) NO.1713 OF 2008 WITH INCOME TAX APPEAL (L) NO.2035 OF 2008 WITH INCOME TAX APPEAL (L) NO.2037 OF 2008 (3) INCOME TAX APPEAL NO.1054 OF 2008 (4) INCOME TAX APPEAL NO.1350 OF 2008 (5) INCOME TAX APPEAL NO.1354 OF 2008 (6) INCOME TAX APPEAL NO.1355 OF 2008 (7) INCOME TAX APPEAL NO.1356 OF 2008 (8) INCOME TAX APPEAL NO.1381 OF 2008 (9) INCOME TAX APPEAL NO.1382 OF 2008 (10) INCOME TAX APPEAL NO.1384 OF 2008 (11) INCOME TAX APPEAL NO.1385 OF 2008 (12) INCOME TAX APPEAL (L) NO.1387 OF 2008 (13) INCOME TAX APPEAL (L) NO.1391 OF 2008 (14) INCOME TAX APPEAL (L) NO.1392 OF 2008 (15) INCOME TAX APPEAL (L) NO.1503 OF 2008 (16) INCOME TAX APPEAL (L) NO.1504 OF 2008 (17) INCOME TAX APPEAL (L) NO.1505 OF 2008 (18) INCOME TAX APPEAL (L) NO.1506 OF 2008 (19) INCOME TAX APPEAL (L) NO.1507 OF 2008 (20) INCOME TAX APPEAL (L) NO.1508 OF 2008 (21) INCOME TAX APPEAL (L) NO.1509 OF 2008 (22) INCOME TAX APPEAL (L) NO.1510 OF 2008 (23) INCOME TAX APPEAL (L) NO.1566 OF 2008 (24) INCOME TAX APPEAL (L) NO.1567 OF 2008 (25) INCOME TAX APPEAL (L) NO.1568 OF 2008 (26) INCOME TAX APPEAL (L) NO.1569 OF 2008 : 3 : (27) INCOME TAX APPEAL (L) NO.1570 OF 2008 (28) INCOME TAX APPEAL (L) NO.1571 OF 2008 (29) INCOME TAX APPEAL (L) NO.1572 OF 2008 (30) INCOME TAX APPEAL (L) NO.1711 OF 2008 (31) INCOME TAX APPEAL (L) NO.1713 OF 2008 (32) INCOME TAX APPEAL (L) NO.2037 OF 2008 (33) INCOME TAX APPEAL (L) NO.1399 OF 2008 (34) INCOME TAX APPEAL (L) NO.1401 OF 2008 (35) INCOME TAX APPEAL (L) NO.1417 OF 2008 (36) INCOME TAX APPEAL (L) NO.1422 OF 2008 (37) INCOME TAX APPEAL (L) NO.1425 OF 2008 (38) INCOME TAX APPEAL (L) NO.1426 OF 2008 (39) INCOME TAX APPEAL (L) NO.1632 OF 2008 (40) INCOME TAX APPEAL (L) NO.1633 OF 2008 (41) INCOME TAX APPEAL (L) NO.1639 OF 2008 ---------------------------------------------------- (SERIAL NOS.2 TO 43 EXCEPT SERIAL NO.33) ---------------------------------------------------- Office Notes, Office Memorandum of Coram Court’s or Judge’s orders appearance, Court’s orders or directions and Prothonotary’s order ---------------------------------------------------- Mr.P.S.Sahadevan for the appellants. Mr.Atul K.Jasani for the respondents. ---- Coram : F.I.Rebello & (34) INCOME TAX APPEAL (L) NO.1401 OF 2008 (35) INCOME TAX APPEAL (L) NO.1417 OF 2008 (36) INCOME TAX APPEAL (L) NO.1422 OF 2008 (37) INCOME TAX APPEAL (L) NO.1425 OF 2008 (38) INCOME TAX APPEAL (L) NO.1426 OF 2008 (39) INCOME TAX APPEAL (L) NO.1632 OF 2008 (40) INCOME TAX APPEAL (L) NO.1633 OF 2008 (41) INCOME TAX APPEAL (L) NO.1639 OF 2008 ---------------------------------------------------- (SERIAL NOS.2 TO 43 EXCEPT SERIAL NO.33) ---------------------------------------------------- Office Notes, Office Memorandum of Coram Court’s or Judge’s orders appearance, Court’s orders or directions and Prothonotary’s order ---------------------------------------------------- Mr.P.S.Sahadevan for the appellants. Mr.Atul K.Jasani for the respondents. ---- Coram : F.I.Rebello & R.S.Mohite,JJ Date : 10.2.2009. PC. 1. The issue involved in these appeals is similar to the issue which arose in Income Tax Appeal : 4 : No.675 of 2008. By a separate order passed today, we have up-held the order of the Tribunal holding that no penalty could be imposed. For the same or similar reasons, the present appeals accordingly disposed off. (R.S.Mohite,J) (F.I.Rebello,J)