Itxa/25/2010 Of The Commissioner Of Income Tax-1 Mumbai v. M/S. Indexport Limited
High Court
07 May 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/25/2010 Of The Commissioner Of Income Tax-1 Mumbai v. M/S. Indexport Limited
Date of order
07 May 2009
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itxa/25/2010 Of The Commissioner Of Income Tax-1 Mumbai v. M/S. Indexport Limited, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
AGK IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL (L) NO.1815 OF 2007
The Commissioner of Income-
tax -1 ..Appellant.
V/s.
M/s.Intexport Limited ..Respondent.
Mr.P.S. Sahadevan for the appellant.
Mr.Pardiwala i/by Mulla & Mulla for the respondent.
CORAM : V.C. DAGA &
J.P. DEVADHAR, JJ.
DATED : 7TH MAY, 2009.
P.C. :
1. Heard learned counsel for the parties.
Both agrees that so far as first question is
concerned, the same is covered by the Judgment of
this Court in the case of CIT V/s. Bhansali
Engineering Polymars Limited reported in 306 ITR
194 and the Supreme Court judgment in the case of
CIT V/s. Laxmi Machine Works reported in 290 ITR
663.
2. So far as second and third question is
concerned, the tribunal has remanded the matter.
In this view of the matter, there is no substantial
question of law involved in this appeal. The
appeal is dismissed. No costs.
(V.C. Daga, J.)
(J.P. Devadhar, J.)
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.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue