In The Commissioner Of Income Tax (Central), Pune v. Bansilal Ramnath Agarwal Charitable Trust, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: 2.In this view of the matter, the present appeal is also dismissed 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.1830 OF 2009
The Commissioner of Income Tax (Central), Pune..Appellant.
Versus
Bansilal Ramnath Agarwal Charitable Trust..Respondent.
Mr.Vimal Gupta for the appellant.Mr.Atul K. Jasani for the respondent.
CORAM : J.P. Devadhar & A.A. Sayed, JJ.
P.C. :
DATE : 4[th] August, 2011.
1.Counsel for the parties state that similar question raised in the
assessee’s own case, being Income Tax Appeal Nos.1831 of 2009 and 1832 of 2009, have been dismissed by this Court on 7[th] December 2009 by recording that the decision of the Income Tax Appellate Tribunal is based on appreciation of evidence.
2.In this view of the matter, the present appeal is also dismissed with no order as to costs.
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