The Commissioner Of Income Tax v. M/S.olive Tax Silk Mills
High Court
30 Jul 2007 In favour of: Assessee
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The Commissioner Of Income Tax v. M/S.olive Tax Silk Mills
Date of order
30 Jul 2007
Assessment year(s)
—
Outcome
Dismissed
Case summary
In The Commissioner Of Income Tax v. M/S.olive Tax Silk Mills, 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.
The order — as passed by the High Court
1
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICITON
INCOME TAX APPEAL NO.718 OF 2004
AND
INCOME TAX APPEAL NO.719 OF 2004
AND
INCOME TAX APPEAL NO.720 OF 2004
AND
INCOME TAX APPEAL NO.721 OF 2004
The Commissioner of Income tax .. Appellant.
Versus
M/s.Olive Tax Silk Mills .. Respondent.
Mr.R. Ashokan for the appellant.
Mr.Jitendra Jain with Mr.A.K. Jasani for the
respondent.
CORAM : F.I. REBELLO &
J.P. DEVADHAR, JJ.
DATED : 30TH JULY, 2007.
P.C. :
1. Even considering the tax incidence in all
the four appeals together it is less than
Rs.4,00,000/-, learned counsel for the appellant
seeks leave to withdraw all these appeals in view of
the C.B.D.T. Circular.
2. All appeals dismissed as withdrawn.
3. Refund of court fee as per rules.
4. Certified copy expedited.
(F.I. REBELLO, J.)
2
(J.P. DEVADHAR, J.)
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