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Itxa/1714/2010 Of The Commissioner Of Income Tax - 5, Mumbai v. M/S Bombay Cycle And Motor Agency Ltd

High Court 16 Apr 2008 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/1714/2010 Of The Commissioner Of Income Tax - 5, Mumbai v. M/S Bombay Cycle And Motor Agency Ltd
Date of order
16 Apr 2008
Assessment year(s)
Outcome
Dismissed

The order — as passed by the High Court

Case summary

In Itxa/1714/2010 Of The Commissioner Of Income Tax - 5, Mumbai v. M/S Bombay Cycle And Motor Agency Ltd, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.

Decision: Appeals stands dismissed with no order as to costs.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARYORIGINAL CIVIL JURISDICTIONINCOME TAX APPEAL (LODG) NO.2828 OF 2007 ORDINARY INCOME TAX APPEAL (LODG) NO.2828 OF 2007 The Commissioner of Income Tax ..Appellant. V/s. M/s.Bombay Cycle & Motor Agency Ltd. ..Respondent. Mr.P.S.Sahadevan for appellant. Ms.V.B.Patel for respondent. CORAM : DR. S.RADHAKRISHNAN AND J.P.DEVADHAR, JJ.DATED : 16TH APRIL, 2008. CORAM : DR. S.RADHAKRISHNAN AND J.P.DEVADHAR, JJ. DATED : 16TH APRIL, 2008. P.C. :- P.C. :- P.C. :- 1. By consent of the parties, appeal is taken up for final hearing. Heard learned counsel for the appellant and learned counsel for the respondent. The Tribunal has followed the Judgment of this Court in the case of CIT V/s. M/s. Bhor Industries Ltd. CIT V/s. M/s. Bhor Industries Ltd. reported264 I.T.R. 180. Learned counsel for the revenue in 264 I.T.R. 180 submitted that the revenue has filed the S.L.P. against the said Judgment which is pending before the Supreme Court. 2. However, since the Tribunal has followed our Judgment, we do not find any substantial question of law arise in this appeal. Appeals stands dismissed with no order as to costs. (J.P. DEVADHAR, J.) (J.P. DEVADHAR, J.)(DR.S.RADHAKRISHNAN, J.)
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