In Itxa/917/2009 Of The Commissioner Of Income Tax - 20, Mumbai v. M/S Ram Exports, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: Works (2005) 276 ITR 519, the appeal is dismissed.
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.917 OF 2009
The Commissioner of Income Tax
..Appellant.
V/s.
M/s. Ram Exports..Respondent.
None appellant.Mrs.Vasanti B. Patel for respondent.
CORAM : V.C.DAGA AND J.P.DEVADHAR, JJ. DATED : 24TH JUNE, 2009.
P.C. :-
None present for the revenue. Since the tax effect in this appeal is less than Rs.4 lakhs and in view of the office Memorandum dated 5-6-2007 issued by the C.B.D.T. and judgments of this Court in CIT V/s. CamcoColour Co. (2002) 254 I.T.R. 565 and CIT V/s. PithwaEngg. Works (2005) 276 ITR 519, the appeal is dismissed.
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