The Commissioner Of Income Tax Ii, Kolhapur v. Omega Wine Mart
High Court
12 Jul 2011 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax Ii, Kolhapur v. Omega Wine Mart
Date of order
12 Jul 2011
Assessment year(s)
—
Outcome
Dismissed
Case summary
In The Commissioner Of Income Tax Ii, Kolhapur v. Omega Wine Mart, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: Madhukar Inamdar reported in 318 ITR 149, the appeal is dismissed with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL (L) NO.148 OF 2011
The Commissioner of Income Tax II, Kolhapur..Appellant.
Versus
Omega Wine Mart
..Respondent.
Mr.Vimal Gupta for the appellant.Mr.S.N. Inamdar, Senior Advocate with Mr.Mihir Naniwadekar for the respondent.
CORAM : J.P. Devadhar & A.A. Sayed, JJ.
P.C. :
DATE : 12[th] July, 2011.
1.Since the tax effect involved in this appeal is less than Rs.4 lakhs,
in view of the Circular No.5 of 2008 issued by the Central Board of Direct
Taxes as also the judgment of this Court in the case of Commissioner of Income Tax V/s. Madhukar Inamdar reported in 318 ITR 149, the appeal is
dismissed with no order as to costs.
(A.A. Sayed, J.)
(J.P. Devadhar, J.)
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