In Itxa/1402/2012 Of The Commissioner Of Income Tax - 9 v. Sharda Worldwide Exports P.ltd, the High Court (2014) dismissed the appeal. The decision went in favour of the assessee.
Decision: 3.In such circumstances, there is no merit in this Appeal and is dismissed.
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 JURISDICTION
INCOME TAX APPEAL NO.1402 OF 2012
…
The Commissioner of Income Tax-9v/s.Sharda Worldwide Exports Pvt.Ltd.
...Appellant
...Respondent
…
Mr.Tejveer Singh for the Appellant. Mr.P.C.Tripathi i/b Mr.P.K.Jasani for the Respondent.
...
CORAM : S.C.DHARMADHIKARI &
A.A. SAYED, JJ.
DATED : 31 OCTOBER 2014
P.C.:
This Appeal challenges the order passed in Income Tax Appellate Tribunal, Mumbai Bench on 2 March 2012 in Income Tax Appeal No.3442 of 2011. The Assessment Year is 2008-09.
2.The only question of law and termed as substantial is covered against the Revenue and in favour of the Assessee by the Division Bench judgment of this Court in the case of Godrej & Boyce Mfg. Co.Ltd. v/s. Deputy Commissioner of Income Tax and anr., (2010) 328 ITR 81 (Bom.).
3.In such circumstances, there is no merit in this Appeal and is dismissed.
(A.A. SAYED, J.)
(S.C.DHARMADHIKARI,J.)
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