In Nms/2722/1996 Of The Comm.of Income Tax v. Hathibhai Bhulakidas, the High Court (2009) 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.
IN THE HIGH COURT OF JUDICATURE AT BOBBYORDINARY ORIGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO. 2722 OF 1996WITHINCOME TAX APPEAL NO. 281 OF 1996
The Commissioner of Income-tax.V/s.Hathibhai Bhulakidas.
... Appellant.
... Respondent.
P.S.Sahadevan for the appellant.
None for the respondent.
CORAM : V.C.DAGA AND J.P.DEVADHAR, JJ.
DATED : 28th April 2009.
P.C. :----
.Looking to the negligible tax effect,learned counsel for the Revenue does not press motion. Motion as well as Income Tax Application bothare dismissed as not pressed. No order as to costs.
.
Refund of court fee as per rules.
(J.P.DEVADHAR, J.)
(V.C.DAGA J.)
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