In Itxa/2811/2010 Of The Commissioner Of Income Tax - 7 Mumbai v. Navneet Publications India Ltd, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: In this view of the matter, 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.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.2811 OF 2010
The Commissioner of Income Tax-7
..Appellant.
V/s.
M/s. Navneet Publications (India) Ltd.
..Respondent.
Mr. Suresh Kumar for appellant.
Dr. K. Shivram with A.C. Singh for respondent.
CORAM : J.P. DEVADHAR AND MRS. MRIDULA BHATKAR, JJ.
DATED : 22ND FEBRUARY, 2011
P.C. :-
1.Learned counsel for the appellant states that the questions raised in this appeal is covered against the revenue and in favour of the assessee by the decision of this Court in Income Tax Appeal No.3036 of 2010 [Associated Capsules Pvt. Ltd. V/s. Dy. Commissioner of Income Tax & Anr.] decided on 10/01/2011. In this view of the matter, the appeal is dismissed with no order as to costs.
(MRS. MRIDULA BHATKAR, J.)
(J.P. DEVADHAR, J.)
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