In Itxa/6013/2010 Of The Commissioner Of Income-Tax-7,Mum v. M/S Sigma Laboratories P. Ltd, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: In this view of the matter, 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.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.6013 OF 2010
The Commissioner of Income Tax
..Appellant.
V/s.M/s. Sigma Laboratories Pvt. Ltd.Ms. Suchitra Kamble for the appellant.
..Respondent.
Mr. Sanjiv M. Shah for the respondent.
CORAM : J.P. DEVADHAR AND A.A. SAYED, JJ.
DATED : 5TH AUGUST, 2011
P.C. :-
1.
Matter not on board. Taken up by consent of the parties.
2.Counsel for the parties state that the questions raised in the appeal are covered against the revenue by the decisions of this Court in the case of CIT V/s. WMI Cranes Ltd. reported in [2010] 326 ITR 523 (Bom) and CIT V/s. Tata Chemicals Ltd. reported in (2002) 256 ITR 395 (Bom). In this view of the matter, the appeal is dismissed with no order as to costs.
(A.A. SAYED, J.)
(J.P. DEVADHAR, J.)
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