In Itxa/638/2007 Of The Commissioner Of Income Tax-Iv Pune v. The Malegaon Sahakari Sakhar Karkhana Ltd, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.
Decision: In this view of the matter, all these appeals are dismissed with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
AGK IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.638 OF 2007
AND
INCOME TAX APPEAL NO.639 OF 2007
AND
INCOME TAX APPEAL NO.640 OF 2007
AND
INCOME TAX APPEAL NO.641 OF 2007
AND
INCOME TAX APPEAL NO.642 OF 2007
AND
INCOME TAX APPEAL NO.644 OF 2007
The Commissioner of Income-tax-IV ..Appellant.
V/s.
The Malegaon SSK Limited ..Respondent.
Mr.Vimal Gupta for the appellant.
CORAM : P.B. MAJMUDAR &
J.P. DEVADHAR, JJ.
DATED : 20TH NOVEMBER, 2008
P.C. :
1. The learned counsel for the revenue fairly
states that both the questions raised in all these
appeals are squarely covered by the judgment of
this Court in the case of CIT V/s. Majara SSK
Limited reported in 301 ITR 191 (Bom). In this
view of the matter, all these appeals are dismissed
with no order as to costs.
(P.B. Majmudar, J.)
(J.P. Devadhar, J.)
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