The Commissioner Of Income Tax v. Sh. Bal Klrishnan D. Sanghavi & Ors
High Court
24 Mar 2009 In favour of: Revenue
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax v. Sh. Bal Klrishnan D. Sanghavi & Ors
Date of order
24 Mar 2009
Assessment year(s)
—
Outcome
Allowed
Case summary
In The Commissioner Of Income Tax v. Sh. Bal Klrishnan D. Sanghavi & Ors, the High Court (2009) allowed the appeal. The decision went in favour of the Revenue.
Issue: We had adjourned the matter to enable the counsel for the assessee to find out whether in the subsequent years, the depreciation has been allowed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 1030 OF 2007
INCOME TAX APPEAL NO. 1030 OF 2007
The Commissioner of Income Tax ... Appellant
The Commissioner of Income Tax ... Appellant
The Commissioner of Income Tax ... Appellant
Versus
Sh. Bal KLrishnan D. Sanghavi & Ors. Respondents
Mr. R. Ashokan with Mr. P.S. Sahadevan for
Appellant.
Ms. Aarti Sathe for Respodents.
CORAM: F.I.REBELLO&R.S.MOHITE, JJ.DATED: 24TH MARCH, 2009
CORAM: F.I.
R.S.MOHITE, JJ.
DATED: 24TH MARCH, 2009
P.C.:
P.C.:
. We had adjourned the matter to enable the counsel
for the assessee to find out whether in the
subsequent years, the depreciation has been allowed.
The learned counsel on instructions points out that
in the subsequent years, depreciation has been
allowed. By now the assessee has availed of the complete depreciation. The question framed remains purely academic. Consequently, appeal dismissed.
(R.S.MOHITE, J.) (F.I.REBELLO, J.)
(R.S.MOHITE, J.) (F.I.REBELLO, J.)
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