Case LawHigh Court › Itxa/5008/2010 Of The Commissioner Of In...

Itxa/5008/2010 Of The Commissioner Of Income Tax- 4 Mumbai v. Intime Spectrum Securities Ltd

High Court 21 Oct 2011 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/5008/2010 Of The Commissioner Of Income Tax- 4 Mumbai v. Intime Spectrum Securities Ltd
Date of order
21 Oct 2011
Assessment year(s)
Outcome
Dismissed

Case summary

In Itxa/5008/2010 Of The Commissioner Of Income Tax- 4 Mumbai v. Intime Spectrum Securities Ltd, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.

Decision: For the reasons stated in the aforesaid orders, the present appeal is dismissed with no order as to costs.

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

The order — as passed by the High Court

sas IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.5008 OF 2010 The Commissioner of Income Tax-4, Mumbai ..Appellant. V/s. Intime Spectrum Securities Pvt. Ltd. ..Respondent. Mr. Vimal Gupta for the appellant.Mr. Atul K. Jasani for the respondent. CORAM : J.P. DEVADHAR AND A.A. SAYED, JJ.DATED : 21ST OCTOBER, 2011 P.C. :- Counsel for the parties state that the questions raised by the revenue in this appeal are covered against the revenue by the judgment of this Court in the case of CIT V/s. M/s. Kotak Securities Ltd. [Income Tax Appeal No.3111 of 2009] decided by us today i.e. 21st October, 2011, the decision in the case of The Income Tax Commissioner V/s. Angel Capital & Debit Market Ltd. [Income Tax Appeal (L) No.475 of 2011] decided on 28th July, 2011 and the decision in the case of The Commissioner of Income Tax V/s. M/s. The Stock and Bond Trading Co. [Income Tax appeal No.4117 of 2010] decided on 14th October, 2011. For the reasons stated in the aforesaid orders, the present appeal is dismissed with no order as to costs. (A.A. SAYED, J.) (J.P. DEVADHAR, J.)
Facing a similar income-tax issue?
Our CA-led litigation team handles notices, scrutiny, penalties and appeals (CIT(A) & ITAT) end-to-end.
✅ File an income-tax appeal (CIT(A)/ITAT) → 💬 Ask our CA
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.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation. Full disclaimer & Terms.
Contact Careers Media / Press · Privacy Terms Refund Cancellation Cookies Disclaimer
© 2026 EaseValue Advisors LLP · LLPIN ACN-4920 · Jaipur, Rajasthan