In Itxa/3554/2010 Of The Commissioner Of Income Tax - 3 Mumbai v. Reliance Industrial Infrastructure Ltd, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: For the reasons stated therein, the present appeal is also dismissed with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.3554 OF 2010
The Commissioner of Income Tax-3
..Appellant.
V/s.
Reliance Industrial Infrastructure Ltd...Respondent.
Mr. Vimal Gupta for the appellant.
Mr. J.D. Mistry, senior Advocate with Raj Darak for the respondent.
CORAM : J.P. DEVADHAR AND SMT. R.P.SONDURBALDOTA JJ.
DATED : 29TH JUNE, 2011
P.C. :-
1.Counsel for the parties state that similar question raised by the revenue in the assessee's own case in Income Tax Appeal No.2329 of 2010 has been dismissed on 17th June, 2011. For the reasons stated therein, the present appeal is also dismissed with no order as to costs.
(SMT. R.P.SONDURBALDOTA, J.) (J.P. DEVADHAR, J.)
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