{"id":219815,"date":"2011-04-19T00:00:00","date_gmt":"2011-04-18T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/commissioner-vs-heard-on-19-april-2011-2"},"modified":"2015-12-26T16:20:17","modified_gmt":"2015-12-26T10:50:17","slug":"commissioner-vs-heard-on-19-april-2011-2","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/commissioner-vs-heard-on-19-april-2011-2","title":{"rendered":"Commissioner vs Heard on 19 April, 2011"},"content":{"rendered":"<div class=\"docsource_main\">Gujarat High Court<\/div>\n<div class=\"doc_title\">Commissioner vs Heard on 19 April, 2011<\/div>\n<div class=\"doc_author\">Author: Akil Kureshi,&amp;Nbsp;Ms Gokani,&amp;Nbsp;<\/div>\n<pre>   Gujarat High Court Case Information System \n\n  \n  \n    \n\n \n \n    \t      \n         \n\t    \n\t\t   Print\n\t\t\t\t          \n\n  \n\n\n\t \n\t \n\t \n\t \n\t \n\t \n\t \n\t \n\t \n\t \n\t \n\t\n\n\n \n\n\n\t \n\nTAXAP\/2217\/2009\t 2\/ 2\tORDER \n \n \n\n\t\n\n \n\nIN\nTHE HIGH COURT OF GUJARAT AT AHMEDABAD\n \n\n \n\n\n \n\nTAX\nAPPEAL No. 2217 of 2009\n \n\n \n=========================================================\n\n \n\nCOMMISSIONER\nOF INCOME TAX-V - Appellant(s)\n \n\nVersus\n \n\nRAJALBEN\nHIRENBHAI PATEL - Opponent(s)\n \n\n=========================================================\n \nAppearance\n: \nMRS\nMAUNA M BHATT for\nAppellant(s) : 1, \nNone for Opponent(s) :\n1, \n=========================================================\n\n\n \n\t  \n\t \n\t  \n\t\t \n\t\t\t \n\nCORAM\n\t\t\t: \n\t\t\t\n\t\t\n\t\t \n\t\t\t \n\nHONOURABLE\n\t\t\tMR.JUSTICE AKIL KURESHI\n\t\t\n\t\n\t \n\t\t \n\t\t \n\t\t\t \n\nand\n\t\t\n\t\n\t \n\t\t \n\t\t \n\t\t\t \n\nHONOURABLE\n\t\t\tMS JUSTICE SONIA GOKANI\n\t\t\n\t\n\n \n\nDate\n: 11\/04\/2011  \n\n \n\nORAL\nORDER<\/pre>\n<p>(Per<br \/>\n: HONOURABLE MS. SONIA GOKANI)<\/p>\n<p>\tHeard<br \/>\nlearned senior counsel for the appellant Mr.Manish Bhatt. Matter is<br \/>\nadmitted. Issue notice of admission to the respondent on the<br \/>\nfollowing substantial questions of law.\n<\/p>\n<p>&#8220;(A)Whether the<br \/>\nAppellate Tribunal is right in law and on facts in reversing the<br \/>\norder passed by CIT(A) and thereby deleting the addition of accrued<br \/>\ninterest of Rs.35,341\/- made on investment in the Bonds of Rural<br \/>\nElectrification Corporation Ltd. ?\n<\/p>\n<p>(B)\tWhether the Appellate<br \/>\nTribunal is right in law and on facts in reversing the order passed<br \/>\nby CIT(A) and thereby deleting the addition of accrued interest of<br \/>\nRs.45,82,968\/- made on investment in Optionally Fully Convertible<br \/>\nPremium Notes (OFCPNs)of Nirman Industries Ltd. ?\n<\/p>\n<p>(C)Whether the Appellate<br \/>\nTribunal is right in law and on facts in reversing the order passed<br \/>\nby CIT(A) and thereby deleting the interest charged u\/s. 234D of the<br \/>\nAct ?\n<\/p>\n<p>\tPost<br \/>\nthis appeal for final hearing with Tax Appeal No.1442 of 2008.\n<\/p>\n<p>{Akil<br \/>\nKureshi, J.}<\/p>\n<p>{Ms.\n<\/p>\n<p>Sonia Gokani, J.}<\/p>\n<p>bina*<\/p>\n<p>\t\t   \u00a0\u00a0\u00a0<\/p>\n<p>\t\t   Top<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gujarat High Court Commissioner vs Heard on 19 April, 2011 Author: Akil Kureshi,&amp;Nbsp;Ms Gokani,&amp;Nbsp; Gujarat High Court Case Information System Print TAXAP\/2217\/2009 2\/ 2 ORDER IN THE HIGH COURT OF GUJARAT AT AHMEDABAD TAX APPEAL No. 2217 of 2009 ========================================================= COMMISSIONER OF INCOME TAX-V &#8211; Appellant(s) Versus RAJALBEN HIRENBHAI PATEL &#8211; Opponent(s) ========================================================= Appearance : [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16,8],"tags":[],"class_list":["post-219815","post","type-post","status-publish","format-standard","hentry","category-gujarat-high-court","category-high-court"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Commissioner vs Heard on 19 April, 2011 - Free Judgements of Supreme Court &amp; 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