Itxa/355/2008 Of The Commissioner Of Income-Tax,Central -Iv,Mum v. M/S Universal Capsules P. Ltd
High Court
28 Aug 2008 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/355/2008 Of The Commissioner Of Income-Tax,Central -Iv,Mum v. M/S Universal Capsules P. Ltd
Date of order
28 Aug 2008
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itxa/355/2008 Of The Commissioner Of Income-Tax,Central -Iv,Mum v. M/S Universal Capsules P. Ltd, the High Court (2008) 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
AGK
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.355 OF 2008
The Commissioner of Income-tax ..Appellant.
V/s.
M/s.Universal Capsules P. Ltd. ..Respondent.
Mr.Suresh Kumar for the Appellant.
CORAM : D.K. DESHMUKH &
J.P. DEVADHAR, JJ.
DATED : 28TH AUGUST, 2008.
P.C. :
1. So far as question of law raised in this
appeal is concerned, the tribunal has held that it
is covered by the view taken by the tribunal in the
assessee’s own case in earlier assessment year
2001-2002. The learned counsel appearing for the
revenue states that the appeal was filed by the
revenue against that order being Income Tax Appeal
No.905 of 2007 which has been dismissed in default.
In view of dismissal of that appeal, obviously this
appeal cannot be entertained. Hence, rejected.
2. However, the appellant shall be at
liberty to apply in this appeal for reconsideration
of the order in case Income Tax Appeal No.905 of
2007 is restored and admitted.
D.K. DESHMUKH, J.
J.P. DEVADHAR, J.
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