In Itxa/1626/2009 Of The Commissioner Of Income Tax -1, Mumbai v. M/S Forbes Gokak Ltd. , Mumbai, the High Court (2009) decided the matter.
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 (L) NO.2209 OF 2008
The Commissioner of Income Tax
V/s.
..Appellant.
M/s.Forbes Gokak Ltd...Respondent.
Mr.Vimal Gupta for appellant.
Mr.Jas Sanghvi i/b. PDS Legal for respondent.
P.C. :-
CORAM : V.C.DAGA AND J.P.DEVADHAR, JJ. DATED : 30TH JUNE, 2009.
Heard learned counsel for the revenue. He fairly states that issue sought to be raised in the appeal is covered by the Division Bench judgment of this Court in Income Tax Appeal No.114 of 2009 decided on 9/2/2009 in the case of Director of Income Tax (International Taxation) V/s. M/s.Oman International Bank SAOG (unreported).
(J.P.DEVADHAR, J.) (V.C.DAGA, J.)
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