Itxa/833/2004 Of The Commissioner Of Income Tax v. M/S. S. C. Finance And Investments Pvt. Ltd
High Court
26 Sep 2007 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/833/2004 Of The Commissioner Of Income Tax v. M/S. S. C. Finance And Investments Pvt. Ltd
Date of order
26 Sep 2007
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itxa/833/2004 Of The Commissioner Of Income Tax v. M/S. S. C. Finance And Investments Pvt. Ltd, the High Court (2007) dismissed the appeal. The decision went in favour of the assessee.
Decision: Consequently, appeal is dismissed.
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 ORDINARY ORIGINAL CIVIL JURISDICTION
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
INCOME TAX APPEAL NO.833 OF 2004
INCOME TAX APPEAL NO.833 OF 2004
The Commissioner of Income Tax ..Appellant.
V/s.
M/s.S.C.Finance & Investment Pvt.Ltd. ..Respondent.
Mr.Vimal Gupta for appellant.
Mr.Porus Kaka with A.K.Jasani for respondent.
CORAM : F.I.REBELLO ANDJ.P.DEVADHAR, JJ. DATED : 26TH SEPTEMBER, 2007.
CORAM : F.I.REBELLO AND
J.P.DEVADHAR, JJ.
DATED : 26TH SEPTEMBER, 2007.
P.C. :-
P.C. :-
. The Tribunal in the instant case by its
order has followed its earlier order in ITA
No.7051/M/98 decided on 29/7/2003. That was the
subject matter of an appeal before this Court in Income
Tax Appeal No.416 of 2004 in the case of The
Commissioner of Income-Tax V/s. M/s.Shapoorji & Co.
which has been dismissed by this Court on the ground
that no substantial question of law arise relying on the Judgment of this Court in the case of M.V.SonvalaV/s. Commissioner of Income Tax reported in 177 I.T.R.246. Considering the above, in our opinion, no
substantial question of law as framed will arise.
Consequently, appeal is dismissed.
(J.P.DEVADHAR, J.) (F.I.REBELLO, J.)
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