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Itxa/753/2012 Of The Commissioner Of Income Tax -10 v. M/S. Reclamation Properties (I) Pvt. Ltd

High Court 14 Aug 2014 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/753/2012 Of The Commissioner Of Income Tax -10 v. M/S. Reclamation Properties (I) Pvt. Ltd
Date of order
14 Aug 2014
Assessment year(s)
Outcome
Dismissed

Case summary

In Itxa/753/2012 Of The Commissioner Of Income Tax -10 v. M/S. Reclamation Properties (I) Pvt. Ltd, the High Court (2014) dismissed the appeal. The decision went in favour of the assessee.

Decision: 2]In view thereof, none of these appeals raise any substantial question of law and, therefore, they are dismissed.No 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 JURISDICTION INCOME TAX APPEAL NO. 753 OF 2012 Commissioner of Income Tax-10 ..Appellant -Versus-M/s. Reclamation Properties (I)Pvt.Ltd...Respondent ALONGWITH INCOME TAX APPEAL NOS. 754/2012, 794/2012, 819/2012, 820/2012821/2012, 827/2012 and 1182/2012. ........... Mr. Tejveer Singh for the Appellant.Ms. A. Vissanjee with Mr. S. J. Mehta for the Respondent. ........... CORAM: S.C. DHARMADHIKARIAND B.P. COLABAWALLA, JJ. DATE :- 14[th] August, 2014 P.C.: 1]We have heard the learned counsel appearing for the parties at some length and perused the order passed by the Tribunal, we find that the Tribunal has not committed any error in law nor its order can be termed as perverse when it refuses to uphold the exercise of reassessment undertaken by the revenue. The refusal of the Tribunal can also be said to be justified in the light of the view that we have taken in the bunch of appeals which we have decided by a common judgment delivered on 8[th ]August, 2014 in Income Tax Appeal No.1213 of 2011 along with 1/2 connected Appeals. 2]In view thereof, none of these appeals raise any substantial question of law and, therefore, they are dismissed.No costs. (B.P.COLABAWALLA, J.) (S.C. DHARMADHIKARI, J.) wadhwa
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