In Itr/3/2003 Of M/S. Ethor Ltd v. Comm. Or Income-Tax City, Mum, the High Court (2017) decided the matter.
Decision: In view of that, present reference is disposed of and returned unanswered.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX REFERENCE NO.3 OF 2003
M/S.ETHNOR LTD.
)...APPLICANT
V/s.
THE COMMISSIONER OF INCOME TAX)MUMBAI CITY – V)...RESPONDENT
Mr.Subhash Shetty, Advocate for the Applicant.
Mr.P.C.Chhotaray, Advocate for the Respondent.
CORAM:S.V.GANGAPURWALA &A. M. BADAR, JJ.DATE:10[th] JULY 2017
P.C. :
1The learned counsel for the assessee submits that the reference is at behest of the assessee. The assessee does not want to press the present reference. In view of that, present reference is disposed of and returned unanswered.
(A. M. BADAR, J.)
(S.V.GANGAPURWALA), J.)
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