In Dated : 18[Th] October 2010 v. Commissioner Of Income Taxiv In Civil Appeal, the High Court (2010) dismissed the appeal. The decision went in favour of the Revenue.
Decision: The appeal is, therefore, 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.
1
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 2719 OF 2010
M/s.India Infoline Ltd.
... Appellant.
V/s.
The Commissioner of Income Tax.
... Respondent.
S.C.Tiwari for the appellant.
Suresh Kumar for the respondent.
CORAM :V.C.DAGA AND R.M.SAVANT, JJ.
DATED : 18[th] October 2010.
P.C.:
Learned counsel for the appellant- Revenue fairly states that the issue involved in this appeal is squarely covered by the judgment of the Apex Court in the case of Techno Shares & Stocks Ltd. v. Commissioner of Income TaxIV in Civil Appeal No.77807781 of 2010 decided on 9[th ]September, 2010. in favour of assessee and against the Revenue. The appeal is, therefore, dismissed for want of substantial question of law with no order as to costs.
(R.M.SAVANT, J.) (V.C.DAGA J.)
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