In Itxa/122/2012 Of The Commissioner Of Income Tax - Ii v. Brahma Associates, the High Court (2012) dismissed the appeal. The decision went in favour of the assessee.
Decision: In this view of the matter, the appeal is dismissed with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL (LOD) NO.1528 OF 2011
The Commissioner of Income Tax-II, Pune
..Appellant.
V/s.
M/s. Bahma Associates
..Respondent.
Mr. Vimal Gupta for the appellant.None for the respondent.
CORAM : J.P. DEVADHAR AND A.R. JOSHI, JJ.
DATED : 25TH JANUARY, 2012
P.C. :-
Heard learned counsel for the revenue states that the question raised in this appeal is covered against the revenue by the decision of this Court in the case of CIT V/s. Brahma Associates reported in (2011) 333 ITR 289 (Bom). In this view of the matter, the appeal is dismissed with no order as to costs.
(A.R. JOSHI, J.)
(J.P. DEVADHAR, J.)
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