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Itxa/477/2008 Of The Commissiosner Of Income-Tax-9,Mum v. Ms/ Arctic Investments And Trading Co

High Court 11 Sep 2008 In favour of: Unclear

Forum / Bench

High Court · newos

Parties

Date of order

11 Sep 2008

Assessment year(s)

—

Outcome

Other

The order — as passed by the High Court

Case summary

In Itxa/477/2008 Of The Commissiosner Of Income-Tax-9,Mum v. Ms/ Arctic Investments And Trading Co, the High Court (2008) decided the matter.

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

AGK IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.477 OF 2008 The Commissioner of Income-tax-9 ..Appellant. V/s. M/s.Arctic Investments & Trading Co. ..Respondent. Mr.J.S. Saluja for the Appellant. CORAM : D.K. DESHMUKH & J.P. DEVADHAR, JJ. DATED : 11TH SEPTEMBER, 2008. P.C. : 1. The order of the tribunal turns on the finding of fact that the business was done on borrowed funds. No question of law arises in this appeal. Hence, rejected. D.K. DESHMUKH, J. J.P. DEVADHAR, J.

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This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.

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