In Commissioner Of Income Tax v. Hirendra Kumar B. Ruia India Safety Vults Ltd, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: In this view of the matter, the appeal stands dismissed in limine for want of substantial question of law.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL (L) NO.2687 OF 2009
Commissioner of Income Tax
Vs.
Hirendra Kumar B. Ruia India Safety Vults Ltd.
..Appellant
..Respondent
Ms.Suchitra Kamble for appellant.
Mr.S.M.Shah for respondent.
CORAM :- V.C.DAGA &
J.P.DEVADHAR,JJ. 14TH DECEMBER,2009
DATE :
P.C.
1.Heard.
Perused appeal.
Office objections are overruled. Registry is directed to register the appeal.
2.Learned Counsel for both the parties fairly state that the issue sought to be raised in the appeal is squarely covered by the judgment of this Court in the case of Rallis India Ltd. Vs. Dy. CIT and Ors.(2006) 284 ITR 159 (Bom), against the Revenue. In this view of the matter, the appeal stands dismissed in limine for want of substantial question of law.
(J.P.DEVADHAR,J.)
(V.C.DAGA,J.)
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