Case LawHigh Court › Itxa/764/2002 Of Balasaheb Desai Sahakar...

Itxa/764/2002 Of Balasaheb Desai Sahakari Sakhar Karkhana Ltd v. Asst. Comm. Of Income Tax Circle 1(2) Satara

High Court 24 Jan 2005 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/764/2002 Of Balasaheb Desai Sahakari Sakhar Karkhana Ltd v. Asst. Comm. Of Income Tax Circle 1(2) Satara
Date of order
24 Jan 2005
Assessment year(s)
Outcome
Allowed

Case summary

In Itxa/764/2002 Of Balasaheb Desai Sahakari Sakhar Karkhana Ltd v. Asst. Comm. Of Income Tax Circle 1(2) Satara, the High Court (2005) allowed the appeal. The decision went in favour of the assessee.

Decision: In the aforesaid facts and circumstances, above appeal is allowed.

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 BOMBAY ORDINARYORIGINAL CIVIL JURISDICTION IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY INCOME TAX APPEAL NO.764 OF 2002 INCOME TAX APPEAL NO.764 OF 2002 Balasaheb Desai Sahakri Sakhar Karkhana SSK Ltd. ..Appellant. V/s. Asstt. Commissioner of Income-tax ..Respondent. Mr.Pramod Vaidya with S.N. Inamdar for appellant. Mr.R.V.Desai, senior counsel with Pankaj Kapoor for respondent. CORAM : S.RADHAKRISHNAN AND CORAM : S.RADHAKRISHNAN AND J.P.DEVADHAR, JJ.DATED : 24TH JANUARY, 2005. J.P.DEVADHAR, JJ. DATED : 24TH JANUARY, 2005. P.C. :- P.C. :- 1. Heard learned counsel for the appellant and the respondents. Both learned counsel fairly state that the issue involved in the appeal is squarely covered by the Judgment of Supreme Court in the case of Siddeshwar Sahakari Sakhar Karkhana Ltd. V/s. Commissioner of Sahakari Sakhar Karkhana Ltd. V/s. Commissioner of Income-Tax & Ors. Income-Tax & Ors. reported in 270 I.T.R.1. In the aforesaid facts and circumstances, above appeal is allowed. (S.RADHAKRISHNAN, J.) (S.RADHAKRISHNAN, J.) (J.P. DEVADHAR, J.) (J.P. DEVADHAR, J.)
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