Case LawHigh Court › The Cit-26 v. Shri V.c.george Kutty

The Cit-26 v. Shri V.c.george Kutty

High Court 18 Mar 2008 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Cit-26 v. Shri V.c.george Kutty
Date of order
18 Mar 2008
Assessment year(s)
Outcome
Dismissed

The order — as passed by the High Court

Case summary

In The Cit-26 v. Shri V.c.george Kutty, the High Court (2008) 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.
K.J. IN THE HIGH COURT OF JUDICATRE AT BOMBAY ORDINARY ORIGINAL CIVIL JRISDICTION INCOME TAX APPEAL NO.1500 OF 2007 The CIT-26 ..Appellant Versus Shri V.C.George Kutty ..Respondent ---- Mr.A.D.Kango with Mr.P.S.Sahadevan for the appellant. Mr.Subhash Shetty for the respondent. ---- Coram : F.I.Rebello & R.S.Mohite,JJ Coram : F.I.Rebello & R.S.Mohite,JJ Coram : F.I.Rebello & R.S.Mohite,JJ Date : 18.03.2008. PC 1. Issue pertains to imposition of penalty. Both, the Commissioner (Appeals) and ITAT have recorded the finding that there was amount lying with the appellant and the assessee has asked that said amount to be adjusted. 2. In these circumstances, we are of the opinion that there was no infirmity in the order of the Commissioner (Appeals) and ITAT and consequently, appeal dismissed. (R.S.Mohite,J) (F.I.Rebello,J) (R.S.Mohite,J) (F.I.Rebello,J)
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