In Itxa/2240/2011 Of The Commissioner Of Income Tax -8 v. Plastiblends India Ltd, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: Accordingly, the appeal is 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 (LOD) NO.877 OF 2011
The Commissioner of Income Tax-8. Mumbai
..Appellant.
V/s.
Platiblends India Ltd.
..Respondent.
Mr. Suresh Kumar for the appellant.Mr. Atul K. Jasani for the respondent.
CORAM : J.P. DEVADHAR AND K.K. TATED, JJ.
DATED : 14TH SEPTEMBER, 2011
P.C. :-
Counsel for the parties state that the questions raised in this appeal are covered against the revenue by the decision of this Court in the case of CIT V/s. Mahalaxmi Glass Works P. Ltd. reported in [2009] 218 I.T.R. 116. Accordingly, the appeal is dismissed with no order as to costs.
(K.K. TATED, J.)
(J.P. DEVADHAR, J.)
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