In The Commissioner Of Income Tax-3 v. M/S. Reliance Commercial Corporation, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.
Decision: In any case it is commonly conceded thateven this aspect is squarely held against the Department repeatedly.Therefore, there is no substantial questions of law involved in this appeal.Hence, the appeal is 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 NO.1113 OF 2004
The Commissioner of Income Tax-3
Vs.
...Appellant
M/s. Reliance Commercial Corporation
-----
Mr.Vimal Gupta for AppellantMr.J.D. Mistry a/w. Mr.Raj Darak for Respondent
...Respondents
P.C.
CORAM: SWATANTER KUMAR, C.J. & V.M. KANADE J.
DATED JULY 3, 2008
1. It is not in dispute that the questions raised in this appeal are the
questions of facts and not the questions of law and they are merely basedupon the appreciation of evidence. In any case it is commonly conceded thateven this aspect is squarely held against the Department repeatedly.Therefore, there is no substantial questions of law involved in this appeal.Hence, the appeal is dismissed.
CHIEF JUSTICE
V.M. KANADE J.
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.
EaseValue