M/S. Bachhraj Factories Pvt. Ltd v. The Income Tax Officer-3 (1)(1), Mumbai
High Court
23 Nov 2011 In favour of: Revenue
Forum / Bench
High Court · newos
Parties
M/S. Bachhraj Factories Pvt. Ltd v. The Income Tax Officer-3 (1)(1), Mumbai
Date of order
23 Nov 2011
Assessment year(s)
—
Outcome
Dismissed
Case summary
In M/S. Bachhraj Factories Pvt. Ltd v. The Income Tax Officer-3 (1)(1), Mumbai, the High Court (2011) dismissed the appeal. The decision went in favour of the Revenue.
Decision: In the result, the Appeal is dismissed with no order as to costs.
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
INCOME TAX APPEAL [L] NO.1196 OF 2011
M/s. Bachhraj Factories Pvt. Ltd.
..Appellant.
VersusThe Income Tax Officer-3(1)(1), Mumbai..Respondent.
....
Ms. Vasanti Patel, for the Appellant.
....
CORAM : J. P. DEVADHAR & A.R. JOSHI, JJ. DATED : 23rd NOVEMBER, 2011.
P.C.
1.Since the ITAT has restored the question raised in the Appeal to the file of the Assessing Officer with a direction to redo the assessment afresh on the basis of the outcome of the litigation regarding the ownership of the property which is presently pending before the Madhya Pradesh High Court, we see no reason to entertain this appeal. As the Assessing Officer is required to pass fresh assessment order, contentions of both the parties are kept open. In the result, the Appeal is dismissed with no order as to costs.
(A. R. JOSHI, J.)
(J. P. DEVADHAR,J.)
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