Itxa/1005/2007 Of The Commissioner Of Income-Tax City-3, Mumbai v. M/S.wist Trade Pvt.ltd
High Court
22 Apr 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/1005/2007 Of The Commissioner Of Income-Tax City-3, Mumbai v. M/S.wist Trade Pvt.ltd
Date of order
22 Apr 2009
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Itxa/1005/2007 Of The Commissioner Of Income-Tax City-3, Mumbai v. M/S.wist Trade Pvt.ltd, the High Court (2009) 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 JURISDICTIONINCOME TAX APPEAL NO.1005 OF 2007WITHINCOME TAX APPEAL NO.1006 OF 2007WITHINCOME TAX APPEAL NO.1013 OF 2007The Commissioner of Income Tax..AppellantVs.M/s.Wist Trade Pvt.Ltd...RespondentMrs.Devki Iyer for Appellant.Mr.A.K.Jasani for respondent.CORAM :- V.C.DAGA &J.P.DEVADHAR,JJ.DATE : 22ND APRIL,2009P.C..Heard.2.The issue sought to be raised has beenconsidered by the Tribunal in paragraph Nos.10 and 11of its judgment. The Tribunal has also relied uponthe CDBT Circular No.700 dated 23rd March, 1995regarding the deduction under Section 80-O of theIncome Tax Act, 1961.3.Having seen the findings recorded, we do notsee any substance in the present appeals. The appealsare, therefore, dismissed in limine with no order asto costs.(J.P.DEVADHAR,J.)(V.C.DAGA,J.)
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