The Commissioner Of Income Tax (Central) Nagpur v. M/S Kasliwal Suvarnyog Aurangabad

{1} ita51-14.odt

IN THE HIGH COURT OF JUDICATURE OF BOMBAY

BENCH AT AURANGABAD INCOME TAX APPEAL NO.51/2014 The Commissioner of Income Tax [Central] Ayakar Bhavan, Telangkhedi Road Civil Lines, Nagpur-440 001 ..APPELLANT

Versus

M/s Kasliwal Suvarnyog 215-216, 1st Floor, Building No.3 Apna Bazar, Jalna Road Aurangabad ..RESPONDENT ...

Mr.Alok Sharma,Sr.Standing Counsel for appellant Mr.A.S.Bajaj,Adv. for respondent ...

CORAM : A.V.NIRGUDE & V.L.ACHLIYA,JJ.

DATE : 24th December, 2014.

P.C. :

Heard learned counsel for the parties.

2] In this case, the respondent has offered its profit to tax in the Assessment year 2005-06 in respect of a housing project, which he developed for which approval was given by the local authorities before 31st March 2005. In this factual background,

{2} ita51-14.odt the impugned judgment is covered by the law laid down by this Court in the case of The Commissioner of Income Tax Vs. Happy Home Enterprises, reported in [(2014) 271 CTR (Bom) 524]. The present appeal does not give rise to any substantial question of law. The Appeal stands dismissed. V.L.ACHLIYA,J.

A.V.NIRGUDE,J.

umg/