Commissioner Of Income Tax -3 v. Navketan Commercials Private Ltd
High Court
13 Dec 2010 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Commissioner Of Income Tax -3 v. Navketan Commercials Private Ltd
Date of order
13 Dec 2010
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Commissioner Of Income Tax -3 v. Navketan Commercials Private Ltd, the High Court (2010) dismissed the appeal. The decision went in favour of the assessee.
Decision: In view of this, the Appeal is dismissed with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
SSM
IN THE HIGH COURT OF JUDICATURE OF BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL (L) NO. 602 OF 2010
Commissioner of Income Tax -3
.... Appellant
VERSUS
Navketan Commercials Private Ltd.
.... Respondent
Mr. Vimal Gupta for Appellant.
Mr. P. C. Tripathi i/b. Raj Darak for Respondent.
CORAM:J. P. DEVDHAR, J.R. M. SAVANT, J.
DATED:DECEMBER 13, 2010.
P.C.:
Objections waived. Office to register the Appeal. Counsel
for the Revenue states that the question Nos. 2 and 3 raised in this
Appeal are covered against the Revenue by the decision of this Court
in case of The Commissioner of Income Tax V/s. M/s. Castle Investment and Inds. Ltd. (Income Tax Appeal No. 1557 of 2007 dated 22nd July, 2008). He further states that in view of the fact that
SSM
the question Nos. 2 and 3 are answering against the Revenue, the first
question becomes academic. In view of this, the Appeal is dismissed
with no order as to costs.
(R. M. SAVANT, J)
(J. P. DEVDHAR, J)
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