In Commissioner Of Income Tax v. The Ganesh Bank Of Kurandwad 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 for want of substantial question of law with no order as to costs.
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 BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL (L)NO.840 OF 2008
Commissioner of Income Tax
Vs.The Ganesh Bank of Kurandwad Ltd.
..Appellant
..Respondent
Mr. Vimal Gupta for appellant.
CORAM :- V.C.DAGA &
J.P.DEVADHAR,JJ. 17[th] June,2009
DATE :
P.C.
Learned Counsel for Revenue fairly states that the issue sought to be raised in this appeal is squarely covered by the judgment of the Apex Court in the case of CITVs. HCL Commet Systems and Services (2008) 305 ITR 409. In this view of the matter, the appeal stands dismissed for want of substantial question of law with no order as to costs.
(J.P.DEVADHAR,J.)
(V.C.DAGA,J.)
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