In Income Tax Appeal v. R.m.savant,Jj, the High Court (2010) dismissed the appeal. The decision went in favour of the assessee.
Decision: 3For the reasons stated therein, the present Appeal is dismissed with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
lgc
1 ITXA No.167 of 2010
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.167 OF 2010
The Commissioner of Income Tax-8: Appellant.versusSunbright Cement Agencies Pvt. Ltd.: Respondent.
Mr. P S Sahadevan i/by Mr. Suresh Kumar for the Appellant.Mr. J D Mistry, Sr. Counsel a/w Mr. P C Tripathi i/by Mr. Raj Darak for the Respondent.
CORAM :- J.P.DEVADHAR &
R.M.SAVANT,JJ.
DATE :- 07[th] December 2010
P.C.
Heard
Perused Appeal.
2The learned counsel for the Revenue states that the questions raised in this Appeal are covered against the Revenue by the decision of this Court in the case of M/s. Castle Investment & India P. Ltd. in Income Tax Appeal No.1557of 2007decided on 22[nd] July 2008.
3For the reasons stated therein, the present Appeal is dismissed with no order as to costs.
(R.M.SAVANT,J.)
(J.P.DEVADHAR, J.)
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