Case LawHigh Court › Itxa/3974/2010 Of Comm. Of Income. Tax v...

Itxa/3974/2010 Of Comm. Of Income. Tax v. Laxmi Chemicals Pvt. Ltd

High Court 06 Mar 2007 In favour of: Unclear
Forum / Bench
High Court · newos
Parties
Itxa/3974/2010 Of Comm. Of Income. Tax v. Laxmi Chemicals Pvt. Ltd
Date of order
06 Mar 2007
Assessment year(s)
Outcome
Dismissed

Case summary

In Itxa/3974/2010 Of Comm. Of Income. Tax v. Laxmi Chemicals Pvt. Ltd, the High Court (2007) dismissed the appeal.

Decision: In view thereof, appeal stands dismissed.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARYORIGINAL CIVIL JURISDICTIONINCOME TAX APPEAL (LOD) NO.511 OF 2003 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY INCOME TAX APPEAL (LOD) NO.511 OF 2003 The Commissioner of Income-tax ..Appellant. V/s. M/s.Shri Laxmi Chemicals (I) Pvt. Ltd. ..Respondent. Mr.P.S.Sahdevan with A.N.Kotangale for appellant. Mr.A.K. Jasani for respondent. CORAM : DR. S.RADHAKRISHNAN AND J.P.DEVADHAR, JJ.DATED : 6TH MARCH, 2007. CORAM : DR. S.RADHAKRISHNAN AND J.P.DEVADHAR, JJ. DATED : 6TH MARCH, 2007. P.C. :- P.C. :- Heard the learned counsel for the appellant and the respondent. The learned counsel for the appellant as well as the respondent state that the Judgment of the Supreme Court in the case of Virtual Soft Systems Ltd. V/s. Commissioner of Income-tax reported in (2007) 289 I.T.R 83 (S.C.) squarely covers the issue raised in the above appeal in favour of the assessee and against the revenue. In view thereof, appeal stands dismissed. (DR.S.RADHAKRISHNAN, J.) (DR.S.RADHAKRISHNAN, J.) (J.P. DEVADHAR, J.) (J.P. DEVADHAR, J.)
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