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Itxa/187/2010 Of The Commissioner Of Income Tax- 5 Mumbai v. Walchandnagar Industries Ltd

High Court 23 Jul 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/187/2010 Of The Commissioner Of Income Tax- 5 Mumbai v. Walchandnagar Industries Ltd
Date of order
23 Jul 2009
Assessment year(s)
Outcome
Dismissed

Case summary

In Itxa/187/2010 Of The Commissioner Of Income Tax- 5 Mumbai v. Walchandnagar Industries Ltd, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.

Decision: The appeal is, therefore, 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 BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL (L) NO. 1598 OF 2009 The Commissioner of Income Tax ..Appellant. V/s. Walchandnagar Industries Ltd.Mr. Suresh Kumar for appellant.Mrs. V.B.Patel for respondent. ..Respondent. CORAM : V.C.DAGA AND J.P.DEVADHAR, JJ. DATED : 23RD JULY, 2009. P.C. :- 1.Heard learned counsel or the revenue and the respondent. Both the counsel state that the first three questions in this appeal is covered by the judgment of this Court in the aasessee's own case in Income Tax Appeal No.108 of 2007 with Notice of Motion No.4423 of 2007 decided on 18/2/20088. Accordingly, the said questions are answered in favour of the assessee and against the revenue. 2. So far as the fourth question is concerned the same is covered by the judgment of this Court in the case of Director of Income Tax(International Taxation) V/s. Oman International reported in (2009) 313 ITR128 (Bom). In this view of the matter, no substantial question of law arise in this appeal. The appeal is, therefore, dismissed in limini with no order as to costs. (J.P.DEVADHAR,J.) (V.C.DAGA, J.)
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