Advani Oerlikon Ltd.mumbai v. Commissioner Of Income Taxmumbai City I, Mumbai
High Court
23 Jul 2008 In favour of: Unclear
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Advani Oerlikon Ltd.mumbai v. Commissioner Of Income Taxmumbai City I, Mumbai
Date of order
23 Jul 2008
Assessment year(s)
—
Outcome
Other
The order — as passed by the High Court
Case summary
In Advani Oerlikon Ltd.mumbai v. Commissioner Of Income Taxmumbai City I, Mumbai, the High Court (2008) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTIONINCOME TAX REFERENCE NO. 3 of 1997
Advani Oerlikon Ltd.Mumbai: Applicant
v/s
Commissioner of Income TaxMumbai City I, Mumbai: Respondent
Mr. S.J. Mehta Advocate for appellant
Mr. P.S. Sahadevan Advocate for respondent
Coram : Dr.S. RadhakrishnanS.J. Kathawalla, JJ.
Date: 23.7.2008
question which has been referred to this court readsas under :-
simultaneously claimed deduction on bonus amounting to
Rs. 31,90,183 on the basis of actual payment?"
2.Both the learned counsel for the appellant and
in 193 ITR 349, Commissioner of Income Tax vs West
Coast Paper Mills Ltd..
3.In view thereof the above question is answered
in the negative and in favour of assessee and against
revenue.
(S.J. Kathawalla,J.) (Dr.S. Radhakrishnan,J.)
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