Itxa/89/2009 Of The Commissioner Of Income Tax -7, Mumbai v. Nalini Properties Pvt. Ltd. , Mumbai

IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.89 OF 2009 INCOME TAX APPEAL NO.89 OF 2009 The Commissioner of Income Tax ..Appellant. V/s. Nalini Properties Pvt. Ltd. ..Respondent. Mr.P.S.Sahadevan for appellant. Mr.K.Gopal with Jitendra Singh for respondent. CORAM : V.C.DAGA ANDJ.P.DEVADHAR, JJ. DATED : 22ND APRIL, 2009. CORAM : V.C.DAGA AND J.P.DEVADHAR, JJ. DATED : 22ND APRIL, 2009. P.C. :- P.C. :- P.C. :- 1. The basic question raised in this appeal is, whether the undisclosed income of Rs.3,17,53,495/- is liable to be taxed in the hands of the respondent company or its director Mr.Sudhakar T.Pendse. 2. In Income Tax Appeal No.186 of 2009 filed by Sudhakar T.Pendse which is disposed of by us today i.e. 22nd April, 2009 we have held that the said amount of Rs.3,17,53,495/- is liable to be taxed as undisclosed income of Sudhakar T.Pendse. In this view of the matter, we see no merits in the present appeal and the same is hereby dismissed with no order as to costs.