Itxa/2715/2010 Of The Commissioner Of Income Tax City-7, Mumbai v. M/S. Novartis India Ltd
High Court
27 Aug 2007 In favour of: Assessee
Forum / Bench
High Court · newos
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Itxa/2715/2010 Of The Commissioner Of Income Tax City-7, Mumbai v. M/S. Novartis India Ltd
Date of order
27 Aug 2007
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Itxa/2715/2010 Of The Commissioner Of Income Tax City-7, Mumbai v. M/S. Novartis India Ltd, the High Court (2007) 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.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO.213 OF 2005WITHINCOME TAX APPEAL (L.) NO.156 OF 2005
The Commissioner of Income Tax.City - 7, Mumbai....AppellantV/s.Novartis India Ltd....Respondent
Mr.Avinash Kango i/b. Pankaj Kapoor for the Appellant.None for the Respondent.
P.C. :1.The tax incidence in this case is less thanRs.4 lakhs. In view of the circular issued by theC.B.D.T., the learned Counsel seeks leave to withdrawthe Appeal alongwith the Motion. The question of law,if any, is left open for consideration in appropriateproceedings.
2.The Motion alongwith the Appeal standsdismissed as withdrawn. There shall be no order as tocosts. Refund of Court fees as per rules. C.C.expedited.
[J.P. DEVADHAR, J.]
[F.I. REBELLO, J.]
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