In M/S. Therelek Machines Pvt. Ltd v. The Income Tax Ofcere Ward-3(6)E Mumbai, the High Court (2021) dismissed the appeal. The decision went in favour of the Revenue.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Diksha Rane
IN THE HIGH COURT OF JUDICATURE AT BOMBAYDigitallysigned byDIKSHADIKSHAORDINARY ORIGINAL CIVIL JURISDICTIONDINESHDINESH RANEDate:RANE2021.09.2318:27:22+0530INCOME TAX APPEAL NO. 18 OF 2003
M/s. Therelek Machines Pvt. Ltd.
..Appellant
vs.The Income Tax Ofcere Ward-3(6)e Mumbai.
..Respondent
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Mr. Ashok Patil i/b. Ms. Jyoti Dialani for appellant.
Mr. Ashok Kotangale i/b. Mr. A.K. Saxena for respondent.
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C0RAM : K. R. SHRIRAM M. S. KARNIK, JJ.DATE : SEPTEMBER 23, 2021
P.C. :
Mr. Patil states that for the subsequent years theagricultural income was exempted but for the assessmentyear in questione admittedlye appellant had not provided anyevidence that the fruitse vegetables or coconuts were sold toanybody. If it is appellant’s case that there was no evidenceto confrm that the income disclosed as a agriculturalincome was in fact agricultural income the question of thisCourt devoting any time does not arise.
2.Appeal dismissed.
(M.S.KARNIK, J.)
(K.R. SHRIRAM, J.)
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