The Income Tax Appeal against the Tribunal's order allowing a payment to ex-partners as a deduction was dismissed as the question was concluded against the Revenue by a prior decision of the High Court.
The appeal is dismissed; no order as to costs.
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.
188-14-itxa=.doc
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 188 OF 2014
Commissioner of Income Tax-11 Mumbai
Mumbai .. Appellant v/s. M/s. RSM &I Co. .. Respondent
Mr. A.R. Malhotra a/w Mr. N.A. Kazi for the appellant Mr. Paras S. Savla a/w Ms. Keerthiga Sharma for the respondent
CORAM : M.S. SANKLECHA & A.K. MENON, J.J.
DATED : 11th AUGUST, 2016.
P.C.
“Whether on the facts and in circumstances of the case and in law, the Tribunal is justified in holding that sum of Rs.1,06,85,710/- being payment made to ex-partners is allowable as deduction?”
1 of 2
Uday S. Jagtap
188-14-itxa=.doc
2 of 2
Uday S. Jagtap
1 issue framed by the court
Whether the Tribunal was justified in holding that payment to ex-partners is allowable as a deduction.
Colour shows how this judgement treated each authority
Commissioner of Income Tax Vs. Kanga & Co.Followed¶16
Commissioner of Income Tax Vs. Kanga & Co. (Income Tax Appeal No.2277 of 2013)
Commissioner of Income Tax Vs. Mulla & MullaFollowed¶16
Commissioner of Income Tax Vs. Mulla & Mulla and Craigie, Blunt and Caroe, 190 ITR 198
Commissioner of Income Tax Vs. M/s. C.C. Chokshi & Co.Followed¶16
Commissioner of Income Tax Vs. M/s. C.C. Chokshi & Co. (Income Tax Appeal No. 1692 of 2011) · Who else cites this
1 provisions across 1 enactments
Commissioner of Income Tax-11 Mumbai
M/s. RSM &I Co.
M.S. Sanklecha
A.K. Menon
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
