In Jay Bharat Bindal Silk Mills Pvt Ltd v. Assistant Commissioner Of Income Tax, the High Court (1997) allowed the appeal. The decision went in favour of the assessee.
Decision: Petition stands disposed of as having been withdrawn.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF GUJARAT AT AHMEDABAD
SPECIAL CIVIL APPLICATION No 2170 of 1996
For Approval and Signature:
Hon'ble MR.JUSTICE S.D.DAVE and
MR.JUSTICE R.K.ABICHANDANI
============================================================
1. Whether Reporters of Local Papers may be allowed
to see the judgements?
2. To be referred to the Reporter or not?
3. Whether Their Lordships wish to see the fair copy
of the judgement?
4. Whether this case involves a substantial question
of law as to the interpretation of the Constitution
of India, 1950 of any Order made thereunder?
5. Whether it is to be circulated to the Civil Judge?
�( No. 1 to 5 NO )
--------------------------------------------------------------
JAY BHARAT BINDAL SILK MILLS PVT LTD
Versus
ASSISTANT COMMISSIONER OF INCOME TAX
-------------------------------------------------------------- Appearance:
MR JP SHAH for Petitioner
MR MIHIR JOSHI for Respondent No. 1
--------------------------------------------------------------
CORAM : MR.JUSTICE S.D.DAVE and
MR.JUSTICE R.K.ABICHANDANI
Date of decision: 09/12/97
ORAL JUDGEMENT
Per: S.D. Dave, J :-
�Ld. Counsel Mr. Shah for the Petitioner seeks
leave to withdraw the present petition. The leave is
accorded, after hearing Ld. counsel Mr. Shah and Ld. counsel Mr. Mihir Joshi for the Revenue. Petition stands disposed of as having been withdrawn. Rule shall stand discharged. Interim relief shall stand vacated.
No costs.
-----
/vgn.
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.