In The Commissioner Of Income Tax v. M/S.kedia Investment Corporation, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is therefore dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.585 OF 2009
The Commissioner of Income Tax..Appellant.
Versus
M/s.Kedia Investment Corporation..Respondent.
Mr.P.S. Sahadevan for the appellant.Mr.P.J. Pardiwala, senior counsel with Ms.Aasifa Khan for the respondent.
CORAM : V.C. DAGA &J.P. DEVADHAR, JJ. DATE : 10TH JUNE, 2009
P.C. :
1.Heard learned counsel for the revenue.
2.The questions sought to be raised in this appeal revolves around the finding of fact recorded by the Commissioner of Income Tax (Appeals) as well as the tribunal. Appreciation of evidence cannot give rise to a question of law. No substantial question of law is involved in this appeal. The appeal is therefore dismissed. No costs.
(V.C. Daga, J.)
(J.P. Devadhar, J.)
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