The Commissioner Of Income Tax-3 v. M/S.small Industries Development Bank Of India
High Court
12 Sep 2012 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax-3 v. M/S.small Industries Development Bank Of India
Date of order
12 Sep 2012
Assessment year(s)
2002-03
Outcome
Dismissed
Case summary
In The Commissioner Of Income Tax-3 v. M/S.small Industries Development Bank Of India, the High Court (2012) dismissed the appeal. The decision went in favour of the assessee.
Decision: 4)The appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Sections referenced in this judgment
The order — as passed by the High Court
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 2109 OF 2010
The Commissioner of Income Tax-3.Vs.
...Appellant.
M/s.Small Industries Development Bank of India. ...Respondent.
Mr. Vimal Gupta for the Appellant.Mr. J. D. Mistri, Sr. Advocate along with Mr.Atul Jasani for the Respondent.
CORAM : S.J.VAZIFDAR &
M.S. SANKLECHA, JJ.
DATE : 12th September, 2012.
PC:
This appeal by the revenue under Section 260A of the
Income Tax Act,1961 (“the Act”) challenges the order dated 15/7/2009 of the Income Tax Appellate Tribunal (“the Tribunal”) arising in ITA No.3407/Mum/2006 relating to the assessment year 2002-03.
2)
The impugned order dated 15/7/2009 passed for the
assessment year 2002-03 at the instance of respondent-assessee has been set aside and restored to the file for fresh hearing by an order dated 7/12/2010 of this Court in Income Tax Appeal No.4322 of 2009 .
ASN
3)In view of the above, the appeal as filed by the revenue is
not maintainable.
4)The appeal is dismissed. No order as to costs.
( M.S. SANKLECHA, J. )
( S. J. VAZIFDAR, J.)
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