In Ita/63/2009 Of Commissioner Of Income Tax-I v. Gramin Vidyut Sah.samiti Mydt, the High Court (2012) dismissed the appeal. The decision went in favour of the assessee.
Decision: In view of the aforesaid, this appeal stands dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
I.T.A.No. 63 of 2009
10.1.2012
Shri R.L. Jain, learned senior counsel with Ms. Veena Mandlik, learned counsel for the appellant.
At the outset, it has been stated by learned senior counsel for appellant that the question involved in this appeal has already been answered against the Revenue in the case of Commissioner of Income Tax Vs.VallabhLeasingAndFinance Co.Pvt.Ltd. (265 I.T.R.1).
In view of the aforesaid, this appeal stands dismissed.
(SHANTANU KEMKAR) (S.K. SETH) JUDGE JUDGE
BDJ
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