In Itxa/884/2007 Of The Commissione Rof Income-Tax-5,Um v. M/S Golden Valley Food Products Pvt Ltd, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.
Decision: In viewthereof, nothing further survives in the appeal.Appeal stands dismissed. { A.V.Nirgude, J } { Dr.S.Radhakrishnan, J }
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 JURISDICTIONINCOME TAX APPEAL NO.884 OF 2007
The Commissioner of Income TaxCity 5..Appellant
M/s Golden Valley Food ProductsPvt.Ltd..Respondent
Mr.R.Asokan for AppellantMr.S.G.Dalal for Respondent
CORAM : Dr.S.Radhakrishnan andA.V.Nirgude, JJDATE : 14th July, 2008
1. Heard learned counsel for the appellant andlearned counsel for the respondent. In the aboveappeal, learned counsel for the appellant as wellas for the respondent categorically state that thequestions of law raised in the above appeal issquarely covered in favour of the assessee andagainst the revenue by the judgment of the SupremeCourt in Virtual Soft Systems Ltd vs.Commissionerof Income Tax (2007) 289 ITR 83 (SC). In viewthereof, nothing further survives in the appeal.Appeal stands dismissed.
{ A.V.Nirgude, J } { Dr.S.Radhakrishnan, J }
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