The Commissioner Of Income Tax - 16, Mumbai v. Shri Ashish G. Damani
High Court
In favour of: Assessee
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The Commissioner Of Income Tax - 16, Mumbai v. Shri Ashish G. Damani
Date of order
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Assessment year(s)
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Outcome
Dismissed
The order — as passed by the High Court
Case summary
In The Commissioner Of Income Tax - 16, Mumbai v. Shri Ashish G. Damani, the High Court dismissed the appeal. The decision went in favour of the assessee.
Decision: The Appeal is accordingly dismissed.
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 (L) NO.1609 OF 2007
The Commissioner of Income Tax - 16, Mumbai
..Appellant.
Versus
Shri Ashish G. Damani
..Respondent.
Mr.Suresh Kumar for the appellant.None for the respondent.
CORAM : Dr.D.Y. Chandrachud & J.P. Devadhar, JJ.
DATE : 26[th ]February, 2010.
P.C. :
1.On the Appeal being restored to file, it has been taken up for admission with the consent of the learned counsel. The learned counsel for the Revenue states that the issue involved in this Appeal is covered against the Revenue by the judgment of this Court in Commissioner of Income Tax V/s. Wallfort Stock Brokers P. Limited [(2009) 310 ITR 421]. In these circumstances, in view of the statement made by the learned counsel, no substantial question of law would arise in this appeal. The Appeal is accordingly dismissed. There shall be no order as to costs.
(J.P. Devadhar, J.)
(Dr.D.Y. Chandrachud, J.)
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