Case LawHigh Court › Irxa/1/2005 Of The Commissioner Of Incom...

Irxa/1/2005 Of The Commissioner Of Income-Tax Mumbai-Iv v. M/S. Dsp Merrill Lynch Ltd

High Court 14 Aug 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Irxa/1/2005 Of The Commissioner Of Income-Tax Mumbai-Iv v. M/S. Dsp Merrill Lynch Ltd
Date of order
14 Aug 2009
Assessment year(s)
Outcome
Dismissed

Case summary

In Irxa/1/2005 Of The Commissioner Of Income-Tax Mumbai-Iv v. M/S. Dsp Merrill Lynch Ltd, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.

Decision: All the appeals are dismissed in limini with no order as to costs.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

+IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTIONINTEREST TAX APPEAL NO.1 OF 2003 The Director of Interest Tax (International Taxation) ..Appellant. V/s. M/s. Mahreq Bank PSC ..Respondent. ANDINTEREST TAX APPEAL NO.4 OF 2004 The Commissioner of Income Tax V/s.M/s. Union Bank of India ..Appellant...Respondent. AND INTEREST TAX APPEAL NO.6 OF 2004 ANDINTEREST TAX APPEAL NO.9 OF 2004 The Commissioner of Income Tax ..Appellant. V/s. M/s. Infrastructure Leasing & Financial Services Ltd...Respondent. ANDINTEREST TAX APPEAL NO.1 OF 2005 The Commissioner of Income Tax ..Appellant. V/s.M/s. DSP Merrill Ltd. ..Respondent. Mr. P.S. Sahadevan for appellant. None for respondent. CORAM : V.C.DAGA AND J.P.DEVADHAR, JJ. DATED : 14TH AUGUST, 2009. P.C. :- Heard learned counsel for the revenue. He fairly states that the issue sought to be raised in the above appeals is covered against the revenue by virtue of the judgments of this Court as well as the Supreme Court in the case of Discount and Finance House of India Ltd. V/s. S.K.Bhardwaj, CIT & Ors. reported in [2003] 259 ITR 295 (Bom.) and CIT V/s.Ratnakar Bank Ltd. reported in [2008] 306 ITR 257 (S.C.). In this view of the matter, no substantial question of law arise in the above appeals. All the appeals are dismissed in limini with no order as to costs. (J.P.DEVADHAR, J.) (V.C.DAGA, J.)
Facing a similar income-tax issue?
Our CA-led litigation team handles notices, scrutiny, penalties and appeals (CIT(A) & ITAT) end-to-end.
✅ File an income-tax appeal (CIT(A)/ITAT) → 💬 Ask our CA
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.
Contact Careers Media / Press · Privacy Terms Refund Cancellation Cookies Disclaimer
© 2026 EaseValue Advisors LLP · LLPIN ACN-4920 · Jaipur, Rajasthan