The High Court of Bombay Bench at Aurangabad dismissed the Income Tax Appeals filed by the Commissioner of Income-Tax (Central) against orders concerning profit assessment for housing projects developed with local approvals before March 31, 2005.
Appeals stood 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.
1 ITA33.2014
IN THE HIGH COURT OF JUDICATURE AT BOMBAY BENCH AT AURANGABAD
INCOME TAX APPEAL NO. 33 OF 2014
Commissioner of Income-Tax (Central), Nagpur. .. Appellant Versus M/s. Kasliwal Developers, Aurangabad. .. Respondent
ALONG WITH INCOME TAX APPEAL NO. 34 OF 2014 Commissioner of Income-Tax (Central), Nagpur. .. Appellant Versus M/s. Kasliwal Vishwa, Aurangabad. .. Respondent
ALONG WITH
INCOME TAX APPEAL NO. 35 OF 2014 Commissioner of Income-Tax (Central), Nagpur. .. Appellant Versus M/s. Kasliwal Vishwa, Aurangabad. .. Respondent
ALONG WITH
INCOME TAX APPEAL NO. 36 OF 2014
2 ITA33.2014
Commissioner of Income-Tax (Central), Nagpur. .. Appellant
Versus
M/s. Kasliwal Vishwa, Aurangabad. .. Respondent
ALONG WITH
INCOME TAX APPEAL NO. 37 OF 2014
Commissioner of Income-Tax (Central), Nagpur.
.. Appellant
Versus
M/s. Kasliwal Vishwa, Aurangabad.
.. Respondent
In all cases:
Mr Alok Sharma, Advocate for the appellant Mr Anil S. Bajaj, Advocate with Ms Ankita Sethiya, Advocate & Mr Harshwardhan Bajaj, Advocate for respondent
CORAM : A.V. NIRGUDE & V. K. JADHAV, JJ. DATED: JANUARY 19TH , 2015
PER COURT :-
these cases, the respondent has offered its profit to tax for various Assessment Years in respect of a housing project, which they developed for which approval was given by the local
3 ITA33.2014
authorities before 31st March, 2005. In this factual background, the impugned judgment appears to be in consonance with the law laid down by this Court in the case of The Commissioner of Income Tax Vs. Happy Home Enterprises, (2014) 271 CTR
(Bom) 524. The present appeals do not give rise of any substantial question of law. The appeals stand dismissed.
[ V.K. JADHAV, J. ] [ A.V. NIRGUDE, J. ]
sgp
2 issues framed by the court
Whether the appeals require adjudication of a substantial question of law.
Whether the impugned judgment aligns with the law in The Commissioner of Income Tax Vs. Happy Home Enterprises.
Colour shows how this judgement treated each authority
The Commissioner of Income Tax Vs. Happy Home EnterprisesRelied on¶28
The Commissioner of Income Tax Vs. Happy Home Enterprises, (2014) 271 CTR (Bom) 524.
1 provisions across 1 enactments
Commissioner of Income-Tax (Central), Nagpur
M/s. Kasliwal Developers, Aurangabad
M/s. Kasliwal Vishwa, Aurangabad
A.V. NIRGUDE
V. K. JADHAV
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
