The Commissioner Of Income-Tax-3 v. M/S.hercules Investments P.ltd
High Court
05 Dec 2007 In favour of: Unclear
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income-Tax-3 v. M/S.hercules Investments P.ltd
Date of order
05 Dec 2007
Assessment year(s)
—
Outcome
Other
The order — as passed by the High Court
Case summary
In The Commissioner Of Income-Tax-3 v. M/S.hercules Investments P.ltd, the High Court (2007) decided the matter.
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.14 OF 2007
INCOME TAX APPEAL NO.14 OF 2007
The Commissioner of Income-Tax-3 )..Appellant
Versus
M/s.Hercules Investments P.Ltd., )..Respondents
----
Mr.Vimal Gupta with Mr.P.S.Sahadevan for appellant.
Mr.J.D.Mistry with Mr.Raj Darak for respondents.
----
Coram : F.I.Rebello &
R.S.Mohite,JJ
Date : 5.12.2007.
PC
1. As the tax incidence is less than Rs.4 lakhs and
considering the CIT Circular, the appeal as filed
would not be maintainable. The question of law, if
any, is left open for consideration in an
appropriate case. Appeal disposed of accordingly.
(R.S.Mohite,J) (F.I.Rebello,J)
(R.S.Mohite,J) (F.I.Rebello,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