Case LawHigh Court › The Cit v. M/S.damani Estate & Finance P...

The Cit v. M/S.damani Estate & Finance P.ltd

High Court 25 Sep 2008 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Cit v. M/S.damani Estate & Finance P.ltd
Date of order
25 Sep 2008
Assessment year(s)
Outcome
Dismissed

The order — as passed by the High Court

Case summary

In The Cit v. M/S.damani Estate & Finance P.ltd, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.

Decision: Hence, the present Appeal stands dismissed.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.
( 1 ) IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1173 OF 2008 INCOME TAX APPEAL NO.1173 OF 2008 The CIT .. Appellant Vs. M/s.Damani Estate & Finance P.Ltd. .. Respondent Mr.Vimal Gupta with Mr.P.S.Sahadevan for the Appellant. None for the Respondent. CORAM :- DR.S.RADHAKRISHNAN & S.J.KATHAWALLA, JJ. CORAM :- DR.S.RADHAKRISHNAN & S.J.KATHAWALLA, JJ. DATE : 25th September, 2008 DATE : 25th September, 2008 P.C. P.C. P.C. 1. Heard the learned Counsel for the Appellant. The question of law raised in this Appeal has already been decided by the Division Bench of this Court by an order dated 8.8.2008 passed in the case of CIT V/s.WalfortShares and Stock Brokers Private Limited, in ITXA No.18 of 2006, against the Revenue and in favour of the Assessee. Hence, the present Appeal stands dismissed. (S.J.KATHAWALLA, J.) (DR.S.RADHAKRISHNAN,J.) (S.J.KATHAWALLA, J.) (DR.S.RADHAKRISHNAN,J.)
Facing a similar income-tax issue?
Our CA-led litigation team handles notices, scrutiny, penalties and appeals (CIT(A) & ITAT) end-to-end.
✅ File an income-tax appeal (CIT(A)/ITAT) → 💬 Ask our CA
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.
Contact Careers Media / Press · Privacy Terms Refund Cancellation Cookies Disclaimer
© 2026 EaseValue Advisors LLP · LLPIN ACN-4920 · Jaipur, Rajasthan