In Itxa/5695/2010 Of The Commissioner Of Income Tax -6 Mumbai v. Diamond Dye Chem 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 (A.R.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
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1 itxa5695-10
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.5695 OF 2010
The Commissioner of Income Tax-VI, Mumbai
..Appellant.
V/s.
M/s. Diamond Dye-Chem Ltd.
..Respondent.
Mr. Suresh Kumar for the appellant.
Ms. Aasifa Khan for the respondent.
CORAM : J.P. DEVADHAR AND A.R. JOSHI, JJ.
DATED : 29TH NOVEMBER, 2011
P.C. :-
Counsel for the parties state that similar questions raised by the revenue in the assessee’s own case in Income Tax Appeal No.2350 of 2009 has been rejected by us today i.e. 29[th] November, 2011. For the reasons stated therein, the present appeal is also dismissed
(A.R. JOSHI, J.)
(J.P. DEVADHAR, J.)
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