In Shreyas Foundation v. Commissioner Of Income Tax, the High Court (1996) allowed the appeal. The decision went in favour of the assessee.
Decision: Reference stands disposed of as not pressed. **** Pt*
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF GUJARAT AT AHMEDABAD
INCOME TAX REFERENCE No 305 of 1983
For Approval and Signature:
Hon'ble MR.JUSTICE S.M.SONI and
MR.JUSTICE Y.B.BHATT
============================================================
1. Whether Reporters of Local Papers may be allowed
to see the judgements ? NO
2. To be referred to the Reporter or not ? NO
3. Whether Their Lordships wish to see the fair copy
of the judgement? NO
4. Whether this case involves a substantial question
of law as to the interpretation of the Constitution
of India, 1950 of any Order made thereunder ? NO
5. Whether it is to be circulated to the Civil
�Judge ? NO
--------------------------------------------------------------
SHREYAS FOUNDATION
Versus
COMMISSIONER OF INCOME TAX
--------------------------------------------------------------
Appearance:
MR KC PATEL for Petitioner
MR BJ SHELAT for MR MANISH R BHATT for Respondent No.1
--------------------------------------------------------------
CORAM : MR.JUSTICE S.M.SONI and
� MR.JUSTICE Y.B.BHATT
Date of decision: 10/10/96
ORAL JUDGEMENT
�Learned advocate Mr. Mehta for Mr. K.C Patel on
instruction states before the Court that Appellant does
not press this reference. The questions, therefore, are
not required to be answered. Reference stands disposed
of as not pressed.
****
Pt*
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