In Itxa/2986/2010 Of The Commissioner Of Income Tax-11, Mumbai v. M/S. Ketan Mehta Films (P) Ltd, the High Court (2008) allowed the appeal. The decision went in favour of the Revenue.
Decision: 2.In view thereof, the Appeal is allowed to bewithdrawn and dismissed as such.
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
INCOME TAX APPEAL (L.) NO.10 OF 2007
The Commissioner of Income Tax - 11,.Mumbai...AppellantV/s.Ketan Mehta Films (P) Ltd....Respondent
Mr.A.D. Kango, Advocate, for the Appellant.None for the Respondent.
P.C. :
.The learned Counsel for the Revenue seeksleave to withdraw the above Appeal in view of thedecision of the Supreme Court in the case of VirtualSoft Systems Ltd. V/s. CIT [289 ITR 83 (SC)] whichhas been decided against the Revenue.
2.In view thereof, the Appeal is allowed to bewithdrawn and dismissed as such.
3.Permissible Court fees shall be refunded, asper rules.
: 2 :
[DR. S. RADHAKRISHNAN,J.]
[A.V. NIRGUDE, 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