In Itxa/5024/2010 Of The Commissioner Of Income Tax -1 Mumbai v. Omsagar Engineering Pvt. Ltd, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: For the reasons stated therein, the present appeal is also dismissed.
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.5024 OF 2010
The Commissioner of Income Tax-1, Mumbai
..Appellant.
V/s.
M/s. Omsagar Engineering Pvt. Ltd.
..Respondent.
Mr. Vimal Gupta for the appellant.
Ms. Usha Dalal for the respondent.
CORAM : J.P. DEVADHAR AND A.A.SAYED, JJ.
DATED : 19TH JULY, 2011
P.C. :-
Counsel for the parties state that similar question raised in assessee's own case for earlier years being Income Tax Appeal No.3212 of 2009 with Income Tax Appeal No.3213 of 2009 have been rejected by this Court on 13/9/2010. For the reasons stated therein, the present appeal is also dismissed.
(A.A. SAYED, J.)
(J.P. DEVADHAR, J.)
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