Nma/1768/2003 Of Comm. Of Income-Tax, City-Vi, Mum v. Gaurav Vessels Pvt. Ltd
High Court
06 Mar 2007 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Nma/1768/2003 Of Comm. Of Income-Tax, City-Vi, Mum v. Gaurav Vessels Pvt. Ltd
Date of order
06 Mar 2007
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Nma/1768/2003 Of Comm. Of Income-Tax, City-Vi, Mum v. Gaurav Vessels Pvt. Ltd, the High Court (2007) dismissed the appeal. The decision went in favour of the assessee.
Decision: Both the Notice of Motion and the Income Tax Appeal stand 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
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARYORIGINAL CIVIL JURISDICTION
ORDINARY
ORDINARY
NOTICE OF MOTION NO.1768 OF 2003 ININCOME TAX APPEAL (LOD) NO.596 OF 2003
NOTICE OF MOTION NO.1768 OF 2003
IN
INCOME TAX APPEAL (LOD) NO.596 OF 2003
The Commissioner of Income-tax ..Appellant.
V/s.
M/s.Gaurav Vessels Pvt. Ltd. ..Respondent.
Mr.A.N.Kotangale with P.S. Sahadevan for appellant.
None for respondent.
CORAM : DR. S.RADHAKRISHNAN AND J.P.DEVADHAR, JJ.DATED : 6TH MARCH, 2007.
CORAM : DR. S.RADHAKRISHNAN AND
J.P.DEVADHAR, JJ.
DATED : 6TH MARCH, 2007.
P.C. :-
P.C. :-
Heard the learned counsel for the appellant
and the respondent. In the above appeal, the disputed
tax liability is only Rs.76,631/-. In view of the
Circular of the Revenue dated 27th March, 2000 as the
tax liability is less than Rs.2 lakhs, we are not
inclined to entertain both the Notice of Motion and the
appeal.
Both the Notice of Motion and the Income Tax
Appeal stand dismissed.
(DR. S.RADHAKRISHNAN, J.)
DR. S.RADHAKRISHNAN, J.)
(J.P. DEVADHAR, J.)
(J.P. DEVADHAR, J.)
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