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Itxa/905/2004 Of The Director Of Income-Tax(Exemption) v. M/S Taparia Foundation

High Court 11 Sep 2007 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/905/2004 Of The Director Of Income-Tax(Exemption) v. M/S Taparia Foundation
Date of order
11 Sep 2007
Assessment year(s)
1988-89
Outcome
Dismissed

Case summary

In Itxa/905/2004 Of The Director Of Income-Tax(Exemption) v. M/S Taparia Foundation, the High Court (2007) dismissed the appeal. The decision went in favour of the assessee.

Decision: Considering the order of this Court in ITXA No.682 OF 2003, in our opinion, for similar reasons all the appeals do not give any rise to any substantial question and hence the appeals along with the Notice of Motions are 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 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.904 OF 2004 WITH INCOME TAX APPEAL NO.905 OF 2004 WITH NOTICE OF MOTION NO.2978 OF 2004 WITH INCOME TAX APPEAL NO.1002 OF 2004 The Director of Income-tax ..Appellant. V/s. M/s.Taparia Foundation ..Respondent. Mr.R.K.Sharma with P.A.Sahadevan for appellant. Ms.Vasanti B. Patel for respondent. CORAM : F.I.REBELLO AND J.P.DEVADHAR, JJ. DATED : 11TH SEPTEMBER, 2007. P.C. :- P.C. :- . This Court in Income Tax Appeal No.682 of 2003 in respect of the same assessee in respect of the same subject matter, by its order dated 25th November, 2004 dismissed the appeal on the ground that it would not give rise to any substantial questions of law. in all these matters, reliance was placed by the Tribunal on the assessment year 1988-89. The revenue is unable to produce before this Court the reasons given by the ITAT while disposing of that appeal in favour of the assessee, The appeal filed against the assessment year - = : 2 : = - 1988-89 has been dismissed. 2. Considering the order of this Court in ITXA No.682 OF 2003, in our opinion, for similar reasons all the appeals do not give any rise to any substantial question and hence the appeals along with the Notice of Motions are dismissed. (F.I.REBELL0, J.) (F.I.REBELL0, J.) (F.I.REBELL0, J.) (J.P.DEVADHAR, J.) (J.P.DEVADHAR, J.)
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