The Cit-3 Mumbai v. M/S.ksb Pumps Ltd., Mumbai
High Court
04 Mar 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Cit-3 Mumbai v. M/S.ksb Pumps Ltd., Mumbai
Date of order
04 Mar 2009
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In The Cit-3 Mumbai v. M/S.ksb Pumps Ltd., Mumbai, the High Court (2009) 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 JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.149 OF 2009
The CIT-3 Mumbai )..Appellant
Versus
M/s.KSB Pumps Ltd., Mumbai )..Respondents
----
Mr.Vimal Gupta for the appellant.
Mr.Rajesh Shah for the respondents.
----
Coram : F.I.Rebello & R.S.Mohite,JJ
Date : 4.3.2009.
PC
1. The tax incidence is less than Rs.4 lakhs.
However, according to the learned Counsel for the
appellant/revenue, the issue is a recurring issue.
In our opinion, the issue is covered by Board
Circular dated 15.5.2008 which has been explained
by this Court in Income-tax Appeal No.1241 of 2008.
In the light of above, appeal dismissed.
(R.S.Mohite,J) (F.I.Rebello,J)
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.
EaseValue