The Cit City-4 v. M/S.concurrent Finance & Investment
High Court
03 Mar 2008 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Cit City-4 v. M/S.concurrent Finance & Investment
Date of order
03 Mar 2008
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In The Cit City-4 v. M/S.concurrent Finance & Investment, 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.
KJ IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.143 OF 2005
The CIT City-4 ..Appellant
Versus
M/s.Concurrent Finance & Investment
P.Ltd., ..Respondents
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Mr.P.S.Sahadevan for the appellant.
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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 : 3rd March 2008.
PC
1. Considering the finding recorded by the Tribunal that share and securities constitute stock-in-trade of the assessee, the question as framed would not arise and consequently, appeal dismissed.
(R.S.Mohite,J) (F.I.Rebello,J)
(R.S.Mohite,J) (F.I.Rebello,J)
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