In Itxa/3624/2009 Of The Commissioner Of Income Tax - 6 Mumbai v. Infomedia India Ltd, the High Court (2010) 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.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.3624 OF 2009
The Commissioner of Income Tax-6
..Appellant.
V/s.
M/s. Infomedia India Ltd.
..Respondent.
Mr. Suresh Kumar for appellant.
Mr. S.S. Shetty for respondent.
CORAM : J.P. DEVADHAR AND R.M. SAVANT, JJ.
DATED : 22ND NOVEMBER, 2010
P.C. :-
1.The counsel for the parties state that the question sought to be raised in this appeal is covered by the decision of the Apex Court in the case of Commissioner of Income Tax V/s. Walfort Share & Stock Brokers P. Ltd. reported in (2010] 326 I.T.R. 1 (S.C.) against the revenue. In this view of the matter, the appeal is dismissed with no order as to costs.
(R.M. SAVANT, J.)
(J.P. DEVADHAR, J.)
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