In Itxa/477/2010 Of The Commissioner Of Income Tax - 3 Mumbai v. A. B. Colour Pvt. Ltd, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: 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.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.477 OF 2010
The Commissioner of Income Tax-3
..Appellant.
V/s.
M/s. A.B. Colour Pvt. Ltd.
..Respondent.
Mr. Vimal Gupta for appellant.
Mr. P.R. Toprani for respondent.
CORAM : J.P. DEVADHAR AND MRS. MRIDULA BHATKAR, JJ.
DATED : 1ST FEBRUARY, 2011
P.C. :-
1.This appeal is filed by the revenue against the order of the ITAT wherein the issue in question has been remanded back to the file of the assessing officer for a fresh decision in the light of the directions given by the Tribunal in the assessee's own case for assessment year 2002-03. Since the Tribunal has remanded back the matter to the assessing officer, we see no reason to interfere with the order of the Tribunal. The appeal is dismissed with no order as to costs.
(MRS. MRIDULA BHATKAR, J.)
(J.P. DEVADHAR, J.)
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