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The Commissioner Of Income Tax v. Fifty Fifty Finance & Management

High Court 17 Feb 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax v. Fifty Fifty Finance & Management
Date of order
17 Feb 2009
Assessment year(s)
Outcome
Dismissed

Case summary

In The Commissioner Of Income Tax v. Fifty Fifty Finance & Management, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.

Decision: Considering the above, there is no merit in this appeal which is accordingly dismissed.

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 IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 1057 OF 2007 The Commissioner of Income Tax ... Appellant The Commissioner of Income Tax ... Appellant The Commissioner of Income Tax ... Appellant Versus Fifty Fifty Finance & Management.. Respondent Mr.Suresh Kumar for the Appellant. Mrs. Usha I. Dalal for Respondent. CORAM: F.I. REBELLO, & R.S. MOHITE, JJ. DATED: FEBRUARY 17, 2009 P.C. P.C. . The appeal is in respect of Assessment year 2001-2002. The question of law as raised by the revenue is contained in Para 4 of the appeal memo. In our opinion, would be covered by the ratio of the judgment of this court reported in 219 CTR 409. Considering the above, there is no merit in this appeal which is accordingly dismissed. (R.S. MOHITE, J.) (R.S. MOHITE, J.)(F.I. REBELLO,J.) (F.I. REBELLO,J.) (R.S. MOHITE, J.)
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