In The Commissioner Of Income Tax – 14, Mumbai v. Ashok N. Kela, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is dismissed as withdrawn.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.5 OF 2007
The Commissioner of Income Tax – 14, Mumbai..Appellant.
Versus
Ashok N. Kela
..Respondent.
Mr.P.S. Sahadevan for the appellant.None for the respondent.
CORAM : V.C. DAGA & J.P. DEVADHAR, JJ.
DATE : 12TH AUGUST 2009
P.C. :
1.Since the tax effect in this appeal is less than Rs.4 lakhs and in view of the office Memorandum dated 5-6-2007 issued by the C.B.D.T. and judgments of this Court in CIT V/s. Camco Colour Co. (2002) 254 I.T.R. 565and CIT V/s. PithwaEngg. Works (2005) 276 ITR 519, Mr.P.S. Sahadevan, learned counsel for the revenue seeks liberty to withdraw the appeal. The appeal is dismissed as withdrawn.
2.Refund of Court fees as per Rules
(J.P. Devadhar, J.)
(V.C. Daga, J.)
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