In Director Of Income Tax (It)-I v. M/S. Sumitomo Mitsui Banking Corporation, the High Court (2013) dismissed the appeal. The decision went in favour of the assessee.
Decision: Accordingly, the present appeal is dismissed as not pressed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
ASN
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL (L) NO.1191OF 2012
Director of Income Tax (IT)-I....Appellant.
v.
M/s. Sumitomo Mitsui Banking Corporation.
...Respondent.
Mr. Tejveer Singh for the Appellant.
Mr. Niraj Seth with Mr.A.K. Jasani for the Respondent.
CORAM : J.P. DEVADHAR AND M.S. SANKLECHA, JJ.
14[th] February, 2013.
DATE :
PC:
This appeal by the revenue against the order of the
Special Bench of the Tribunal dated 30/3/2012 is not being
pressed by the revenue. This is in view of the fact that the revenue has filed a substantial appeal against the order of the
Division Bench of the Tribunal being Income Tax Appeal No.184 of 2013. The order of the Division Bench of the Tribunal has been passed consequent to the order dated 30/3/2012 of the Special
ASN
Bench of the Tribunal. Accordingly, the present appeal is
dismissed as not pressed.
2)Refund of court fee as per rules.
( M.S.SANKLECHA, J.)
(J.P. DEVADHAR, J.)
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue