The High Court allowed the appellant's withdrawal of the Income Tax Appeal due to low tax incidence, dismissing the appeal and keeping legal issues open for future consideration.
Leave granted to withdraw the appeal; appeal dismissed.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
VPH
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL No. 66 OF 2006
The Commissioner of Wealth Tax Appellant City-3
Vs.
M/s. Jagdishwar Investments and Respondent Trading Co. P. Ltd.
Mr. P. S. Sahadevan, Advocate for the appellant.
Mr. J. D. Mistri with Mr. Raj Darak, Advocates for the respondent.
CORAM : F. I. REBELLO &
R. S. MOHITE, JJ.
DATE : MARCH 5, 2008
P.C.
. As the tax incidence is less than Rs.4 lakhs,
the learned counsel seeks leave to withdraw the appeal. Hence, appeal dismissed as withdrawn. The issue of
law, if any, is kept open for consideration in
appropriat case. Refund of court fees as per rules.
[ R.S. MOHITE, J.] [ F. I. REBELLO, J.]
The Commissioner of Wealth Tax
M/s. Jagdishwar Investments and Trading Co. P. Ltd.
F. I. Rebello
R. S. Mohite
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
