In Income Tax Appeal v. A.a.kumbhakoni, J, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTIONORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.575 OF 2007
The Commissioner of Income Tax-VIV, Mumbai.Appellant
versus
M/s.Pam Pharma. & Allied Mach-inery Co. LimitedRespondent
Mr.Beni M. Chatterji with Vishnu Vagthanan forappellant.
None for respondent.
PC :
CORAM : BILAL NAZKI ANDA.A.KUMBHAKONI, JJ.DATE : 22nd September 2008
1. Mr.Chatterji appears for the appellant.The questions framed in this petition arealready decided by the Supreme Court injudgement reported in 290-ITR-66 against theRevenue. Following the said judgement, presentappeal is accordingly dismissed.
(A.A.KUMBHAKONI, J.)
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