In The Commissioner Of Income Tax-Iii v. M/S.shapoorji Pallonji & Co, the High Court (2007) dismissed the appeal. The decision went in favour of the assessee.
Decision: Considering that the question of law has been dealt by the order of this Court in Income Tax Appeal No.416 of 2004, the question of law would not arise and consequently the appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
1
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICITON
INCOME TAX APPEAL NO.972 OF 2004
The Commissioner of Income Tax-III .. Appellant.
Versus
M/s.Shapoorji Pallonji & Co. .. Respondent.
Mr.Vimal Gupta for the appellant.
Mr.A.K. Jasani for the respondent.
CORAM : F.I. REBELLO &
J.P. DEVADHAR, JJ.
DATED : 8TH OCTOBER, 2007.
P.C. :
1. The I.T.A.T. in the impugned order has
followed its earlier order in ITA No.1022/M/1996
decided on 16/1/2003. That was the subject matter
of an appeal before this Court in Income Tax Appeal
No.416 of 2004. The learned Bench of this Court
relied on the case of M.V. Sonvala V/s.
Commissioner of Income Tax reported in 177 I.T.R.
246 and found that considering the aforesaid
Judgment, the question of law would not arise.
2. Considering that the question of law has
been dealt by the order of this Court in Income Tax
Appeal No.416 of 2004, the question of law would not
arise and consequently the appeal is dismissed.
(F.I. REBELLO, J.)
2
(J.P. DEVADHAR, J.)
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.
EaseValue