Ruit/5/2003 Of The Commissioner Of Income Tax, Panaji-Goa v. Salgaonkar Mining Industries Ltd.,Margao-Goa
High Court
12 Jan 2004 In favour of: Assessee
Forum / Bench
High Court · hcbgoa
Parties
Ruit/5/2003 Of The Commissioner Of Income Tax, Panaji-Goa v. Salgaonkar Mining Industries Ltd.,Margao-Goa
Date of order
12 Jan 2004
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Ruit/5/2003 Of The Commissioner Of Income Tax, Panaji-Goa v. Salgaonkar Mining Industries Ltd.,Margao-Goa, the High Court (2004) 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
(Spl.-H.C.A.S.,C.D.,78-e)
FARAD CONTINUATION SHEET NO.IN THE HIGH COURT OF BOMBAY AT GOAAPPELLATE SIDE
REFERENCE UNDER INCOME TAX ACT NO.5 OF 2003.
--------------------------------------------------------------------- Office Note, Office Memoranda of Quorum, appearances, Court’sCourt’s or Judge’s Orders orders or directions and Registrar’s orders. ----------------------------------------------------------------------
Mr. S.R. Rivonkar and Ms. A. Fadte,Advocates for the Appellant.
Mr. P. Kaka with Mr. D. Pangam,Advocates for the Respondents.
CORAM : N.N. MHATRE &P.V. HARDAS, JJ.DATE: 12TH JANUARY, 2004.
P.C.:
In view of the statement madeby Mr. Rivonkar, after takinginstructions, that the question ofunabsorbed business losses does notarise in the facts and circumstancesof this case. The other twoquestions therefore need not beanswered. The Reference is returnedunanswered.
NISHITA MHATRE, J.
sl.
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.