In Itxa/617/2011 Of The Commissioner Of Income Tax -20 Mumbai v. Laxminarayan Agarwal, 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.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL (L) NO.860 OF 2010
The Commissioner of Income Tax-20, MumbaiV/s.Laxminarayan Agarwal
..... Appellants
..... Respondent
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Mr.D.K.Kamwal for the appellants.
Mr.K.Gopal @ Mr.Jitendra Singh for the respondent.
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CORAM : J.P.DEVADHAR &
MRS.MRIDULA BHATKAR, JJ.
DATE :24/1/ 2011
P.C.
1.Counsel for the Revenue states that the similar questions raised in the assessee's own case in Income Tax Appeal No.2740 of 2009 has been dismissed by this Court on 20.9.2010. For the reasons stated therein, the present appeal is also dismissed.
(MRS.MRIDULA BHATKAR,J)
(J.P.DEVADHAR,J)
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