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Itxa/1828/2009 Of The Commissioner Of Income Tax -1, Mumbai v. M/S Securities Trading Corpn Of India Ltd. , Mumbai

High Court 07 Dec 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/1828/2009 Of The Commissioner Of Income Tax -1, Mumbai v. M/S Securities Trading Corpn Of India Ltd. , Mumbai
Date of order
07 Dec 2009
Assessment year(s)
Outcome
Dismissed

Case summary

In Itxa/1828/2009 Of The Commissioner Of Income Tax -1, Mumbai v. M/S Securities Trading Corpn Of India Ltd. , Mumbai, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.

Decision: The appeal is dismissed in limini with no order as to costs.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTIONINCOME TAX APPEAL NO.1828 OF 2009 The Commissioner of Income Tax ..Appellant. V/s. M/s. Securities Trading Corpn. Of India ..Respondent. Mr. P.S. Sahadevan for appellant. None for respondent. CORAM : V.C.DAGA AND J.P.DEVADHAR, JJ. DATED : 7TH DECEMBER, 2009. P.C. :- Heard learned counsel for the revenue. Mr.Sahadevan appearing for the revenue fairly states that the Tribunal has relied upon the CBDT Circular and has followed the orders of the earlier years, which has been accepted by the revenue. Under these circumstances he fairly states that no substantial question of law arise in the appeal. The appeal is dismissed in limini with no order as to costs. (J.P.DEVADHAR, J.) (V.C.DAGA, J.)
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This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
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