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Wp v. Assistant Commissioner Of Income Tax Range 9(3), Mumbai

High Court 28 Mar 2006 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Wp v. Assistant Commissioner Of Income Tax Range 9(3), Mumbai
Date of order
28 Mar 2006
Assessment year(s)
Outcome
Allowed

Case summary

In Wp v. Assistant Commissioner Of Income Tax Range 9(3), Mumbai, the High Court (2006) allowed the appeal. The decision went in favour of the assessee.

Decision: The writ petition is, accordingly, allowed to be withdrawn with liberty as prayed.

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 JURISDICTION WRIT PETITION NO.527 OF 2006 Wall Street Finance Limited .. Petitioner. V/s. Assistant Commissioner of Income Tax Range 9(3), Mumbai & Others .. Respondents. Mr.Y.P. Trivedi, senior counsel with Mr.Pankaj Toprani for the petitioner. Mr.Ashok Kotangale with Mr.S.R. Chauhan and Mr.A.D. Nagarjun for the respondents. CORAM : R.M. LODHA & J.P. DEVADHAR, JJ. DATED : 28TH MARCH, 2006. P.C. : Mr.Y.P. Trivedi, the learned senior counsel for the petitioner submits that the petitioner may be permitted to withdraw this writ petition and the contentions raised in this writ petition may be permitted to be raised before the Assessing Officer and if any re-assessment is done, adverse and prejudicial to the petitioner, the petitioner shall adopt appropriate proceedings in challenging the same. 2. The learned counsel for the revenue has no objection to the reasonable prayer made by the learned senior counsel for the petitioner. 3. The writ petition is, accordingly, allowed to be withdrawn with liberty as prayed. (R.M. LODHA, J.) 2 (J.P. DEVADHAR, J.)
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