In The Commissioner Of Income Tax v. Kirtilal Kalidas Diamond Exports, the High Court (2008) allowed the appeal. The decision went in favour of the Revenue.
Decision: In view thereof, appeal is allowed to be withdrawn and dismissed as such with liberty as prayed for.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
O.O.C.J.
Income Tax Appeal No. 965 of 2008
The Commissioner of Income Tax ..Appellant
vs.
Kirtilal Kalidas Diamond Exports ..Respondent
Mrs.Anamika Malhotra with Mr.P.S.Sahadevan for appellant.
Ms.Aasifa Khan for respondent.
CORAM: Dr.S.RADHAKRISHNAN &S.J.KATHAWALLA JJ. 16th September,2008
CORAM: Dr.S.RADHAKRISHNAN &
S.J.KATHAWALLA JJ.
16th September,2008
P.C.
P.C.
1. Heard the learned Counsel appearing for the appellant and the learned Counsel appearing for the respondent.
2. In view of the judgment of our Court in Chem Amit
Vs.Assistant Commissioner of Income Tax reported in 272
ITR 397, the present appeal is not maintainable. In view
thereof, on instructions, the learned Counsel for the
appellant seeks leave to withdraw the appeal with liberty
to adopt appropriate proceedings. In view thereof, appeal
is allowed to be withdrawn and dismissed as such with
liberty as prayed for.
(S.J.KATHAWALLA J.) (Dr.S.RADHAKRISHNAN J.)
(S.J.KATHAWALLA J.) (Dr.S.RADHAKRISHNAN J.)
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