In The Commissioner Of Income Tax, Mumbai v. Shri.r.ramanujam, the High Court (2005) dismissed the appeal. The decision went in favour of the assessee.
Decision: Appeal therefore stands dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.330 OF 2004
INCOME TAX APPEAL NO.330 OF 2004
The Commissioner of Income Tax, Mumbai .. Appellant
V/s
Shri.R.Ramanujam .. Respondent
Mr.Pankaj Kapoor for the Appellant.
CORAM: S.RADHAKRISHNAN &
CORAM: S.RADHAKRISHNAN &
J.P.DEVADHAR, JJ.
J.P.DEVADHAR, JJ.
DATE : 12.01.2005.
DATE : 12.01.2005.
DATE : 12.01.2005.
P.C.:
P.C.:
P.C.:
1. Heard the learned Counsel for the Appellant. The
issue raised in this Appeal is squarely covered by the judgment in the case of Cadell Weaving Mill CompanyLimited V/s. Commissioner of Income Tax - 249 ITR 265.
Limited V/s. Commissioner of Income Tax - 249 ITR 265.
Under these circumstances, nothing further survives in
this Appeal. Appeal therefore stands dismissed.
2. The learned Counsel for the Appellant submits that
the issue is now pending before the Hon’ble Supreme
Court.
......
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