In The Commissioner Of Income Tax – 8, Mumbai v. M/S.santogen Silk Mills Limited, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is thus dismissed in limine with no order as to costs.
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.1491 OF 2009
The Commissioner of Income Tax – 8, MumbaiVersusM/s.Santogen Silk Mills Limited
..Appellant.
..Respondent.
Mr.Suresh Kumar for the appellant.Mr.Hitesh Joshi with Mr.S.G. Lakhani for the respondent.
CORAM : V.C. DAGA & J.P. DEVADHAR, JJ.
DATE : 14TH SEPTEMBER 2009
P.C. :
1.Heard. So far as first question is concerned, learned counsel for the revenue agrees that the said question does not survive in view of the subsequent order passed by the Tribunal on 11-1-2008.
2.So far as second question is concerned, the same revolves around finding of fact based on appreciation of evidence.
3.So far as third question is concerned, the same is covered by the Division Bench judgment of this Court in Income Tax Appeal No.114 of 2009 decided on9/2/2009 in the case of Director of Income Tax (International Taxation) V/s.M/s.Oman International Bank SAOG (unreported).
4.In this view of the matter, no substantial question of law arises from the order of the tribunal. The appeal is thus dismissed in limine with no order as to costs.
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.