In Itxa/193/2011 Of The Director Of Income Tax (Exemption v. Otters Club, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: For the reasons stated therein, the present appeals are also dismissed with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.193 OF 2011ANDINCOME TAX APPEAL NO.194 OF 2011
Director of Income Tax (Exemption)..Appellant.
V/s.
Otters Club..Respondent.
Mr. Suresh Kumar with Ms. Padma Di vakar for the appellant.
Mr. Atul K. Jasani for the respondent.
CORAM : J.P. DEVADHAR AND A.R. JOSHI, JJ.
DATED : 5TH DECEMBER, 2011
P.C. :-
Counsel for the parties state that similar questions raised by
the revenue in the assessee’s own case being Income Tax Appeal No.2297 of 2010 has been dismissed by this Court on 4/8/2011. For the reasons stated therein, the present appeals are also dismissed with no order as to costs.
(A.R. JOSHI, J.)
(J.P. DEVADHAR, J.)
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