Itxa/955/2007 Of The Commissioner Of Income-Tax v. M/S Innova Tradecom P.ltd
High Court
10 Jul 2008 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/955/2007 Of The Commissioner Of Income-Tax v. M/S Innova Tradecom P.ltd
Date of order
10 Jul 2008
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itxa/955/2007 Of The Commissioner Of Income-Tax v. M/S Innova Tradecom P.ltd, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.
Decision: 3.In view thereof, the Appeal stands dismissed. : 2 : [A.V.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.955 OF 2007
The Commissioner of Income-tax,Mumbai City - III, MumbaiV/s.Innova Tradecom P. Ltd., Mumbai
.
...Appellant...Respondent
Mr.V. Gupta, Advocate, for the Appellant.Mr.J.D. Mistri with Mr.R. Darak, Advocates, for theRespondent.
P.C. :
CORAM : DR. S. RADHAKRISHNAN &A.V. NIRGUDE, JJ.DATE : 10TH JULY, 2008.
.Heard the learned Counsel for the Appellantand the learned Counsel for the Respondent.
2.The learned Counsel for the Appellant submitsthat the questions of law involved in the above Appealare squarely covered against the Revenue and in favourof the assessee in view of our judgment and order dated11th June, 2007 in Income Tax Application No.11 of 1999in the case of Commissioner of Income Tax V/s. LazorSyntex Ltd.
3.In view thereof, the Appeal stands dismissed.
: 2 :
[A.V. NIRGUDE, J.] [DR. S. RADHAKRISHNAN, J.]
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue