The Commissioner Of Income Tax v. M/S Precision Rubber Industries
High Court
10 Sep 2007 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax v. M/S Precision Rubber Industries
Date of order
10 Sep 2007
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In The Commissioner Of Income Tax v. M/S Precision Rubber Industries, the High Court (2007) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
1
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO. 3794 OF 2005
WITH
INCOME TAX APPEAL (LODGING) NO. 1402 OF 2005
The Commissioner of Income Tax .... AppellantMumbaiVs.M/s Precision Rubber Industries .... RespondentPvt. Ltd.Mr. A.D. Kango with Mr. P.S. Sahadevan forAppellant.Mr. K. Gopal i/b Inter Asia Lawyers forRespondent.
P.C.
CORAM : F.I. REBELLO, &J.P. DEVADHAR, JJ.DATE : 10TH SEPTEMBER, 2007
.Considering the CBDT Circular and as thetax incidence is less than Rs.4.00 lakhs, learnedcounsel seeks leave to withdraw the Motion as alsothe Appeal. Motion along with Appeal dismissed aswithdrawn. Question of law, if any, is left openfor consideration in an appropriate proceedings.
2.Refund of Court Fees as per Rules.
Certified copy expedited.
(J.P. DEVADHAR, J.) (F.I. REBELLO, J.)
(J.P. DEVADHAR, J.) (F.I. REBELLO, J.)
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