In Income Tax Appeal v. M/S.well-Known Textile, the High Court (2008) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
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MGN
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.404 OF 2007
The Commissioner of Income-tax, ).APPELLANT
Versus
M/s.Well-known Textile
Industries Pvt.Ltd..............RESPONDENT
Mr. B.M. Chatterji with Mrs. P.P. Bhosale and Mr.
P.S. Sahadevan for the appellant.
CORAM: F.I.
R.S.MOHITE,JJ.
P.C.:
. The issues which arise in this Appeal are
the same or similar to what was in issue in Income
Tax Appeal No.1393 of 2000. For the reasons set out
while disposing of the Income Tax Appeal No.1393 of
2000 decided today i.e. 27th February, 2008 the
question of law as framed in this Appeal would not
arise and consequently appeal dismissed.
(R.S.MOHITE,
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