In Itxa/900/2012 Of The Commissioner Of Income Tax,City-6 Mumbai v. Akashganga Investment P.l, the High Court (2005) dismissed the appeal. The decision went in favour of the assessee.
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. 1048 OF 2002.
The Commissioner of Income Tax,Mumbai City-VI, Mumbai.... Appellant.V/s.M/s Akashganga Investments Pvt.Ltd.. Respondent.
Shri Parag Vyas i/b G.C. Mishra for the appellant.Shri Subhash Shetty for the respondent.
CORAM : V.C.DAGA AND J.P. DEVADHAR, JJ.DATED : 3.10.2005.P.C. :----.Learned Counsel appearing for the Revenueseeks permission to withdraw this appeal consideringminimal tax liability. Appeal is accordinglydismissed as withdrawn with no order as to costs.
(J.P. DEVADHAR,J.)
(V.C. DAGA,J.)
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