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The Commissioner Of Income-Tax, Mumbai Ciuty Xv, Mumbai v. Shri Raghuvir Prasad Kagzi (Huf), Mumbai

High Court 24 Aug 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income-Tax, Mumbai Ciuty Xv, Mumbai v. Shri Raghuvir Prasad Kagzi (Huf), Mumbai
Date of order
24 Aug 2009
Assessment year(s)
Outcome
Dismissed

Case summary

In The Commissioner Of Income-Tax, Mumbai Ciuty Xv, Mumbai v. Shri Raghuvir Prasad Kagzi (Huf), Mumbai, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.

Decision: Works(2005) 276 ITR 519, 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 NO.664 OF 2003 The Commissioner of Income-tax, Mumbai Ciuty XV, Mumbai..Appellant. Versus Shri Raghuvir Prasad Kagzi (HUF), Mumbai..Respondent. Mr.Suresh Kumar for the appellant. Mr.Atul K. Jasani for the respondent. CORAM : V.C. DAGA & J.P. DEVADHAR, JJ. DATE : 24[th] AUGUST 2009 P.C. : 1.The tax effect involved in this appeal is Rs.80,967/-. Since the tax effect is less than Rs.4 lakhs, following the judgments of this Court in CIT V/s.Camco Colour Co. (2002) 254 I.T.R. 565and CIT V/s. Pithwa Engg. Works(2005) 276 ITR 519, the appeal is dismissed with no order as to costs. (J.P. Devadhar, J.) (V.C. Daga, J.)
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