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: Shiv Marine Industries P Ltd. in Income Tax Appeal No.416 of 2008 decided on 15[th ]June 2009 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.
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1 ITXA No.4302 of 2009
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.4302 OF 2009
The Commissioner of Income Tax-7: Appellant.versusM/s. Shiv Marine Industries P Ltd.: Respondent.
Mr. P S Sahadevan i/by Mr. Suresh Kumar for the Appellant.None 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 Assessee’s own case i.e. The Commissioner of Income Tax v/s. M/s. Shiv Marine Industries P Ltd. in Income Tax Appeal No.416 of 2008 decided on 15[th ]June 2009
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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