In Itxa/106/2008 Of The Commissioner Of Income-Tax-3,Pune v. M/S Shankeshwar Investment And Exports P.ltd, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.
Decision: In this view of the matter, the appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
AGK IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.106 OF 2008
The Commissioner of Income-tax-3 ..Appellant.
V/s.
M/s.Shankeshwar Investment &
Exports P. Limited ..Respondent.
None present.
CORAM : D.K. DESHMUKH &
J.P. DEVADHAR, JJ.
DATED : 20TH OCTOBER, 2008.
P.C. :
1. None for the appellant. The questions
raised in this appeal are squarely covered by the
decision of this Court in Income Tax Appeal No.18
of 2006 (CIT V/s. M/s.Walfort Share & stock
Brokers Private Limited) decided on 8th August,
2008 against the revenue.
2. In this view of the matter, the appeal is
dismissed.
D.K. DESHMUKH, J.
J.P. DEVADHAR, J.
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