The Commissioner Of Income Tax, Mumbai-3,Mumbai v. M/S. Dipti Textiles Industries Ltd
High Court
06 Aug 2008 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax, Mumbai-3,Mumbai v. M/S. Dipti Textiles Industries Ltd
Date of order
06 Aug 2008
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In The Commissioner Of Income Tax, Mumbai-3,Mumbai v. M/S. Dipti Textiles Industries Ltd, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTIONINCOME TAX APPEAL NO.510 OF 2005
The Commissioner of Income Tax, Mumbai-3,Mumbai.... Appellant
Vs
M/s. Dipti Textiles Industries Ltd.
.. Respondent
Mr. Vimal Gupta i/by Mr. K.B. Rao for the appellant.Mr. J.D. Mistry with Mr. P.C. Tripathi and Mr. Raj Darak for therespondent.
CORAM: SWATANTER KUMAR, C.J.,&
A.P DESHPANDE, J.
DATE : 6TH
AUGUST, 2008
P.C.:
It is said that the tax effect would be less than Rs.4 lacs.
Thus, on behalf of the Revenue Department, present appeal is not
pressed in view of the CBDT Circular No.2/2005 dated 24[th] October,2005. Dismissed as not pressed.
CHIEF JUSTICE
A.P. DESHPANDE, J.
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