In Itxa/660/2008 Of The Commissioner Of Income Tax-4, Mumbai v. M/S Nirmi Investment And Capital Marketing P. Ltd, the High Court (2008) decided the matter.
Decision: The appeal is disposed of.
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.660 OF 2008
The Commissioner of Income Tax-4 ..Appellant.
V/s.
M/s.Nirmi Investment & Captal
Marketing Pvt. Limited ..Respondent.
Mr.Vimal Gupta for the Appellant.
Mr.Mandar Vaidya for the Respondent.
CORAM : D.K. DESHMUKH &
J.P. DEVADHAR, JJ.
DATED : 1ST OCTOBER, 2008.
P.C. :
1. Admit. Heard finally by consent of the
parties.
2. The order impugned in the appeal is set
aside. The appeal is remanded back to the tribunal
for denovo consideration and decision in accordance
with law.
3. The appeal is disposed of.
D.K. DESHMUKH, J.
J.P. DEVADHAR, J.
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