The Commissioner Of Income Tax-3, Mumbai v. M/S Parrys Bearings Ltd
High Court
23 Jul 2008 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax-3, Mumbai v. M/S Parrys Bearings Ltd
Date of order
23 Jul 2008
Assessment year(s)
1994-95
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In The Commissioner Of Income Tax-3, Mumbai v. M/S Parrys Bearings Ltd, 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.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 1140 OF 2004
The Commissioner of Income Tax-3, Mumbai
).. Appellant
Versus
M/s Parrys Bearings Ltd.
).. Respondent
Mr Vimal Gupta i/b Mr Pankaj Kapoor for the Appellant.
CORAM:SWATANTER KUMAR, C. J. & A. P. DESHPANDE, J.DATE:23RD JULY 2008.
P.C.
We have heard the learned Counsel for the Appellant. The
present Appeal is for the assessment year 1994-95. In terms of theorder impugned, the Tribunal has directed that the Assessing Officershould decide for the year 1995-96 relating to the nature of the asset. 2.No question of law, much less a substantial question of law,arises in the present Appeal. Dismissed. No order as to costs.
CHIEF JUSTICE
A. P. DESHPANDE, J.
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