The Commissioner Of Income Tax-I, Nashik v. Kantilal S Jain
High Court
21 Jan 2014 In favour of: Assessee
Forum / Bench
High Court · hcaurdb
Parties
The Commissioner Of Income Tax-I, Nashik v. Kantilal S Jain
Date of order
21 Jan 2014
Assessment year(s)
—
Outcome
Dismissed
Case summary
In The Commissioner Of Income Tax-I, Nashik v. Kantilal S Jain, the High Court (2014) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is devoid of any merit and is dismissed accordingly. [RAVINDRA V.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
FARAD CONTINUATION SHEET NO.IN THE HIGH COURT OF JUDICATURE AT BOMBAY BENCH AT AURANGABAD.APPELLATE SIDE JURISDICTION
TAX APPEAL NO. 26 OF 2011
THE COMMISSIONER OF INCOME TAX-I, NASHIK VERSUS KANTILAL S JAIN, PROP SUNIL TRAIDING CO.
...
Advocate for Appellant : Mr. Soman D.V. Advocate for Respondent : Mr. S. P. Shah, Advocate h/f Mr. Kulkarni Mukul S.
***
CORAM:S.C.DHARMADHIKARI & RAVINDRA V.GHUGE,JJ.DATED: 21st JANUARY, 2014.
RAVINDRA V.GHUGE,JJ.
PER COURT:
1.Heard Mr. Soman, appearing on behalf of the
Appellant.
2.Having perused the concurrent orders and
finding that the Tribunal has agreed partially with the reasoning of the Assessing Officer and the Commissioner of Income Tax (Appeals) on G.P. addition, we are of the opinion that the orders do not suffer for want of compliance with the principles of natural justice and particularly assigning reasons for the
conclusion. The order of the Income Tax Appellate Tribunal is an order agreeing with the conclusion on facts. That conclusion is rendered by the authorities and Tribunal. In such circumstances, there is no substantial question of law arising for determination and consideration in this appeal. The appeal is devoid of any merit and is dismissed accordingly.
[RAVINDRA V. GHUGE,J.][S.C.DHARMADHIKARI,J.]Dt.21/01/2014ans/26
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