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Itxa/3248/2010 Of The Commissionr Of Incometax-Ceentral -1,Mum v. M/S Eagle Freight Forwaders Pvt Ltd

High Court 05 Sep 2008 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/3248/2010 Of The Commissionr Of Incometax-Ceentral -1,Mum v. M/S Eagle Freight Forwaders Pvt Ltd
Date of order
05 Sep 2008
Assessment year(s)
Outcome
Dismissed

The order — as passed by the High Court

Case summary

In Itxa/3248/2010 Of The Commissionr Of Incometax-Ceentral -1,Mum v. M/S Eagle Freight Forwaders Pvt Ltd, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.

Decision: Since the revenue has already challenged theorder of the Tribunal and according to the Revenue, theadditions have to be made on substantive basis in the block assessment year, we see no merit in the appeal.Appeal is dismissed. .

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 JURISDICTIONINCOME TAX APPEAL (L) NO.642 OF 2007The Commissioner of Income Tax,Central-I, Mumbai 400 020...Appellantv/sM/s Eagle Freight Forwarders Pvt.Ltd.,Mumbai 400 001 ...Respondents Mr Vimal Gupta for Appellant.Mr J.D. Mistry i/b M/s Mulla and Mulla and CraigieBlunt and Caroe for Respondents. CORAM : D.K. DESHMUKH AND J.P. DEVADHAR JJ.DATE : 5TH SEPTEMBER 2008 P.C.- 1. Admittedly, the appeal filed by the assessee against the block assessment where additions were madeon substantive basis has already been dismissed fordefault. Since the revenue has already challenged theorder of the Tribunal and according to the Revenue, theadditions have to be made on substantive basis in the block assessment year, we see no merit in the appeal.Appeal is dismissed. . Parties to act on the copy of this order duly authenticated by the Associate / Private Secretary ofthe Court. . Certified copy is expedited. ( D.K. DESHMUKH J.) ( J.P. DEVADHAR J.)
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