In The Commissioner Of Income Tax – 20 v. Shri Sharad K. Shah, the High Court (2010) dismissed the appeal. The decision went in favour of the assessee.
Decision: On the request made before the Court, the Appeal is dismissed as withdrawn.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 (L) NO.1574 OF 2010
The Commissioner of Income Tax – 20
..Appellant.
Versus
Shri Sharad K. Shah..Respondent.
Mr.P.S. Sahadevan i/by Mr.A.S. Shivsharan for the appellant.Ms.Aasifa Khan for the respondent.
CORAM : Dr.D.Y. Chandrachud & J.P. Devadhar, JJ.
DATE : 6 August 2010.
P.C. :
1.Learned Counsel appearing on behalf of the appellant seeks leave to withdraw the appeal in view of the judgment of the Supreme Court in Commissioner of Income Tax V/s. Walfort Share & Stock Brokers Private Limited[1], which covers the issue against the Revenue. On the request made before the Court, the Appeal is dismissed as withdrawn. There shall be refund of Court fee, if any as per Rules.
(J.P. Devadhar, J.)
(Dr.D.Y. Chandrachud, J.)
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