The Commissioner Of Income Tax v. M/S.suraj Diamonds (India) Ltd
High Court
09 Jan 2007 In favour of: Assessee
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High Court · newos
Parties
The Commissioner Of Income Tax v. M/S.suraj Diamonds (India) Ltd
Date of order
09 Jan 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.suraj Diamonds (India) Ltd, the High Court (2007) dismissed the appeal. The decision went in favour of the assessee.
Decision: Hence, the Appeal stands dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.502 OF 2004
The Commissioner of Income Tax
Vs.
M/s.Suraj Diamonds (India) Ltd.
..Appellant
..Respondent
Mr.A.Kotangale for the Appellant.Mr.Atul K.Jasani for the Respondent.
P.C.
CORAM :- DR.S.RADHAKRISHNAN &J.P.DEVADHAR,JJ.
DATE : 9TH JANUARY,2007
1.
Heard the learned Counsel for the parties. We
have perused the Circular dated 24th October,2005issued by the Government of India, Ministry ofFinance, Department of Revenue. In view of the same,as the tax claim is less than Rs.2,00,000/-, we are
not inclined to entertain the Appeal. Hence, the
Appeal stands dismissed.
(DR.S.RADHAKRISHNAN,J.)
(J.P.DEVADHAR,J.)
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