In M/S Jagat Explosives v. The Asst.commissioner Of Income Tax, the High Court (2008) dismissed 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 JUDICATURE FOR RAJASTHAN AT JODHPUR --------------------------------------------------------
INCOME TAX APPEAL No. 157 of 2007
M/S JAGAT EXPLOSIVES
V/S
THE ASST.COMMISSIONER OF INCOME TAX
Mr. ANJAY KOTHARI, for the appellant / petitioner
Date of Order : 27.2.2008
HON'BLE SHRI N P GUPTA,J.
HON'BLE SHRI SANGEET LODHA,J.
ORDER
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Similar appeal involving identical question in thecase of assessee itself has been dismissed including D.B.Income Tax Appeal No. 110/2007 and Appeal No. 25/2008.Accordingly, for the same reasons this appeal is alsodismissed.
/Sushil/
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