In Rc/52/1998 Of Commr.of Income Tax V Wada v. M/S Balaji Trust V.wada, the High Court (2012) 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.
HON’BLE THE CHIEF JUSTICE SHRI MADAN B. LOKURAND
HON’BLE SHRI JUSTICE SANJAY KUMAR
R.C.NO.52 OF 1998
DATED: 22.02.2012
Between
COMMISSIONER OF INCOME TAX,VIJAYAWADA … APPLICANTAndM/S.BALAJI TRUST … RespondentVIJAYAWADA
HON’BLE THE CHIEF JUSTICE SHRI MADAN B. LOKURAND
HON’BLE SHRI JUSTICE SANJAY KUMAR
R.C.NO.52 OF 1998
Order:(per Hon’ble the Chief Justice Shri Madan B. Lokur)
The tax effect in this case is said to be less than Rs.2.00 lakh. Under the circumstances, we decline to entertain this Referred
Case.
Accordingly, this Referred Case is dismissed.
___________________MADAN B. LOKUR, CJ
___________________
SANJAY KUMAR, J
Dt: 22-02-2012
tnb
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