In Commissioner Of Income Tax – 3, Mumbai v. Orson Trading Private Limited, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: 2.For the reasons stated therein, the present appeal is also dismissed with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.6620 OF 2010
Commissioner of Income Tax – 3, Mumbai
..Appellant.
Versus
Orson Trading Private Limited..Respondent.
Mr.Vimal Gupta for the appellant.Mr.J.D. Mistri, senior advocate with Mr.P.C. Tripathi i/by Mr.Raj Darak for the respondent.
CORAM : J.P. Devadhar & Smt.R.P. Sondurbaldota, JJ.
P.C. :
DATE : 1[st] July, 2011.
1.Counsel for the parties state that the questions of law raised by the Revenue are covered against the Revenue by the decision of this Court in
the case of CIT V/s. M/s.Nikhil Investment Company Private Limited (Income
Tax Appeal (L) No.3006 of 2009 decided on 15[th] March 2010.
2.For the reasons stated therein, the present appeal is also dismissed with no order as to costs.
(Smt.R.P. Sondurbaldota, J.)
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