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Gujarat High Court

Commissioner Of Income Tax-Iii vs Parikh Spices Products Pvt Ltd - ... on 28 December, 2011

Author: Akil Kureshi

Bench: Akil Kureshi

         TAXAP/1794/2010                            1/2                                        ORDER



               IN THE HIGH COURT OF GUJARAT AT AHMEDABAD


                                   TAX APPEAL No. 1794 of 2010

         =========================================================
                  COMMISSIONER OF INCOME TAX-III - Appellant(s)
                                    Versus
                  PARIKH SPICES PRODUCTS PVT LTD - Opponent(s)
         =========================================================
         Appearance :
         MRS MAUNA M BHATT for Appellant(s) : 1,
         MR SN DIVATIA for Opponent(s) : 1,
         =========================================================

                             CORAM : HONOURABLE MR. JUSTICE AKIL KURESHI

                                          and

                                          HONOURABLE Ms. JUSTICE SONIA GOKANI
                                          28th December 2011

         ORAL ORDER (Per : HONOURABLE MR.JUSTICE AKIL KURESHI)

Tax Appeal is admitted for consideration of following substantial  questions of law :­ [A] "Whether the Appellate Tribunal is right in law  and   on   facts   in   deleting   the   disallowance   of   Rs.  14,69,566/= made on account of bad debts ?"

[B] "Whether the Appellate Tribunal is right in law  and on facts in deleting the addition made in respect  of loss on sale of shares of Rs. 30,72,479/= ?"

[C] "Whether the Appellate Tribunal is right in law  and  on   facts  in  deleting  the   disallowance  made   in  respect   of   earlier   year's   expenses   of   Rs.  1,34,814/= ?"

HC-NIC Page 1 of 2 Created On Thu Mar 03 01:54:15 IST 2016 TAXAP/1794/2010 2/2 ORDER    We  notice  that  revenue   has also raised additional  question  of  deletion of disallowance with respect to earlier year's expenses. However,  the amount involved is not very large. On that ground, this Appeal is not  entertained.
{Akil Kureshi, J.} {Ms. Sonia Gokani, J.} Prakash* HC-NIC Page 2 of 2 Created On Thu Mar 03 01:54:15 IST 2016