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Nma/2660/2006 Of The Commissioner Of Income-Tax-16 Mumbai v. M/S. Lunar Gems

High Court 29 Jan 2008 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Nma/2660/2006 Of The Commissioner Of Income-Tax-16 Mumbai v. M/S. Lunar Gems
Date of order
29 Jan 2008
Assessment year(s)
Outcome
Dismissed

Case summary

In Nma/2660/2006 Of The Commissioner Of Income-Tax-16 Mumbai v. M/S. Lunar Gems, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.

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 NOTICE OF MOTION NO.2660 of 2006 IN INCOME TAX APPEAL LODGING NO.1453 of 2006 Commissioner of Income Tax...Appellant Vs,. M/s.Lunar Gens ..Respondent Mr.P.S. Sahadevan for Appellant Mr.Paras S. Savla with Mr. Ajay R. Singh for Respondent. CORAM: F.I.REBELLO&R.S. MOHITE, JJ.DATED: 29TH JANUARY 2008 CORAM: F.I. R.S. MOHITE, JJ. DATED: 29TH JANUARY 2008 P.C.: P.C.: . We have considered the affidavit in support. We do not find that the same amounts to sufficient cause. Even otherwise the tax incidence is less than Rs.4.00 lakhs. In the light of that Motion dismissed. (R.S.MOHITE, J.) (R.S.MOHITE, J.)(F.I.REBELLO, J.) (F.I.REBELLO, J.) (R.S.MOHITE, J.)
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