In Itxa/51/2010 Of The Commissioner Of Income Tax-8 Mumbai v. M/S. Kabra Extrusion Technik Ltd Mumbai, the High Court (2010) dismissed the appeal. The decision went in favour of the assessee.
Decision: For the reasons recorded in the said judgment, 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.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.51 OF 2010
The Commissioner of Income Tax-10
..Appellant.
V/s.
M/s. Kabra Extrusion Technik Ltd.
..Respondent.
Mr. Suresh Kumar for appellant.
Mr. Nilesh Joshi with A.K. Joshi for respondent.
CORAM : J.P. DEVADHAR AND R.M. SAVANT, JJ.
DATED : 30TH NOVEMBER, 2010
P.C. :-
1.Learned counsel for the revenue states that the question sought to be raised in this appeal is covered against the revenue by a Division Bench judgment of this Court in the case of CIT V/s. The Mahalaxmi Glass Works Pvt. Ltd. [Income Tax Appeal No.192 of 2009] decided on 01/04/2009. For the reasons recorded in the said judgment, the present appeal is dismissed with no order as to costs.
(R.M. SAVANT, J.)
(J.P. DEVADHAR, J.)
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