In Prabodh B. Thakkar v. Income Tax Officer, Ward 2(1)(4), Mumbai & Another, the High Court (2011) dismissed the appeal. The decision went in favour of the Revenue.
Decision: 2.Accordingly, the appeal is dismissed with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.6692 OF 2010
Prabodh B. Thakkar
..Appellant.
Versus
Income Tax Officer, Ward 2(1)(4), Mumbai & Another..Respondents.
Mr.S.J. Mehta for the appellant.None for the respondent.
CORAM : J.P. Devadhar &K.K. Tated, JJ.
P.C. :
DATE : 19[th] October 2011
1.Counsel for the appellant fairly states that the questions of law raised in this appeal are squarely covered against the appellant – assessee by the decision of this Court in the case of Commissioner of Income Tax V/s. Bharat R. Ruia (HUF) reported in (2011) 333 ITR 452 (Bom).
2.Accordingly, the appeal is dismissed with no order as to costs.
(K.K. Tated, J.)(J.P. Devadhar, J.)
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