Case LawHigh Court › The Commissioner Of Income-Tax v. Mr Lok...

The Commissioner Of Income-Tax v. Mr Loknete Balasaheb Desai

High Court 15 Oct 2008 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income-Tax v. Mr Loknete Balasaheb Desai
Date of order
15 Oct 2008
Assessment year(s)
Outcome
Dismissed

Case summary

In The Commissioner Of Income-Tax v. Mr Loknete Balasaheb Desai, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.

Decision: In view thereof, the present Appeal stands 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 BOMBAYORIGINAL SIDE INCOME TAX APPEAL NO. 1123 OF 2008 The Commissioner of Income-tax .. ..Appellant. Vs. Mr Loknete Balasaheb Desai .. ..Respondent. ------------------------------------------------------------- Office Notes,Office : Memoranda of Coram, : Court’s or Judge’s orders appearances,Court ’s : orders or directions & : Prothonotary’s orders. : ------------------------------------------------------------ Mr Vimal Gupta, Advocate for the Appellant. None for the Respondent. CORAM :DR.S.RADHAKRISHNAN and V.C.DAGA, JJ. CORAM : and V.C.DAGA, JJ. DATED : 15TH OCTOBER, 2008. DATED : 15TH OCTOBER, 2008. P.C.: P.C.: 1. Heard learned counsel for the appellant. None for the respondent. 2. The learned counsel for appellant states that the question of law raised in this Appeal is squarely covered by the judgment of the Division Bench of this Court in the case of The CIT v. Manjara Shetkari Sahakari The CIT v. Manjara Shetkari SahakariSakhar Karkhana Ltd. (2008) 301 ITR 191 in Sakhar Karkhana Ltd. (2008) 301 ITR 191 favour of the assessee and against the revenue. In view thereof, the present Appeal stands dismissed.
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