In Misc.civil Application v. Fomento Resort And Hotel Ltd, the High Court (2007) allowed the appeal. The decision went in favour of the Revenue.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF BOMBAY AT GOA
MISC.CIVIL APPLICATION NO. 53 OF 2007INCOME TAX APPELLATE TRIBUNAL
....Applicant
Versus
FOMENTO RESORT AND HOTEL LTD.
....Respondent
Mr. M. Aguiar, Advocate for the Applicant.
P.C.:-
-Coram:S.A.BOBDE &N. A. BRITTO, JJ.-Date:13th March, 2007
Heard.
Miscellaneous Civil Application No.53 of 2007 is allowed in viewof the Judgment of the Tribunal reported in 642 ITR Vol.272.
S.A.BOBDE, J.
RD.
N. A. BRITTO, J.
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