Itxa/6190/2010 Of The Commissioner Of Income Tax-3, Mumbai v. M/S. Principal Pnb Asset Management Co. Pvt. Ltd., Mumbai
High Court
04 Feb 2010 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/6190/2010 Of The Commissioner Of Income Tax-3, Mumbai v. M/S. Principal Pnb Asset Management Co. Pvt. Ltd., Mumbai
Date of order
04 Feb 2010
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itxa/6190/2010 Of The Commissioner Of Income Tax-3, Mumbai v. M/S. Principal Pnb Asset Management Co. Pvt. Ltd., Mumbai, the High Court (2010) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal accordingly stands dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL(L) NO.1166 OF 2009
The Commissioner of Income Tax
..Appellant.
V/s.
M/s. Principal PNB Asset Management Co. Pvt. Lt.Mr. Vimal Gupta for appellant.
..Respondent.
None for respondent.
CORAM : DR. D.Y.CHANDRACHUD AND J.P.DEVADHAR, JJ.
P.C. :-
DATED : 4TH FEBRUARY, 2010
1.Office objections are overruled. Registry is directed to register the appeal.
2.Learned counsel appearing on behalf of the revenue has stated that the facts of the present case are similar to the facts in Income Tax Appeal (L) No.2968 of 2009, which has been dismissed by a judgment delivered today. Hence with the consent of counsel for the revenue, this appeal has been taken on board and has been called out. No distinguishing features have been pointed out in the facts of the present case. Hence for the reasons already noted in the judgment of this Court in the companion appeal (Income Tax Appeal (L) No.2968 of 2009), this appeal would not raise any substantial question of law. The appeal accordingly stands dismissed.
(J.P.DEVADHAR, J.) (DR. D.Y.CHANDRACHUD, J.)
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