In Mumbai v. M/S Shyam Ahuja Ltd, the High Court (2007) dismissed the appeal.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTIONNOTICE OF MOTION NO. 3127 OF 2005
WITH
INCOME TAX APPEAL (LODGING) NO. 1331 OF 2005
The Commissioner of Income Tax .... AppellantMumbaiVs.M/s Shyam Ahuja Ltd..... Respondent
Mr. A.D. Kango with Mr. P.S. Sahadevan forAppellant.Mr. Vishnu S. Hedade for Respondents.
.Considering the CBDT Circular and as thetax incidence is less than Rs.4.00 lakhs, learnedcounsel seeks leave to withdraw the Motion as alsothe Appeal. Motion along with Appeal dismissed aswithdrawn. Question of law, if any, is left openfor consideration in an appropriate proceedings.
2.Refund of Court Fees as per Rules.Certified copy expedited.
(J.P. DEVADHAR, J.) (F.I. REBELLO, J.)
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