In Itxa/221/2015 Of Commissioner Of Income Tax,Central-Ii v. M/S Passionate Investment Management Pvt.ltd, the High Court (2017) dismissed the appeal. The decision went in favour of the assessee.
Decision: 3In light of the above and for the reasons given in the order dated 27[th] June 2016 in Income Tax Appeal Nos.2345 of 2013 and 2367 of 2013, the present appeal also stands dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.221 OF 2015
COMMISSIONER OF INCOME TAXCENTRAL – II
)
)...APPELLANT
V/s.
M/S.PASSIONATE INVESTMENTS MANAGEMENT PVT. LTD.
))...RESPONDENT
Mr.A.R.Malhotra, Advocate for the Appellant.
Mr.P.C.Tripathi i/b. Mr.A.K.Jasani, Advocate for the Respondent.
CORAM
:S.V.GANGAPURWALA &A. M. BADAR, JJ.
DATE:10[th] JULY 2017
P.C. :
1The present appeal pertains to Assessment Year 2009-
2010.
2Mr.Malhotra, the learned counsel fairly submits that issues raised in the present appeal were also subject matter of consideration of this court in respect of assessee's own case for the
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earlier assessment year in Income Tax Appeal Nos.2345 of 2013 and 2367 of 2013 and the said issues are decided against the Revenue under judgment dated 27[th] June 2016 in the aforesaid appeals.
3In light of the above and for the reasons given in the order dated 27[th] June 2016 in Income Tax Appeal Nos.2345 of 2013 and 2367 of 2013, the present appeal also stands dismissed. No costs.
(A. M. BADAR, J.)
(S.V.GANGAPURWALA), J.)
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