In Mumbai v. M/S.foremost Industries Ltd, the High Court (2007) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
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MGN
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO.3562 of 2007
WITH
INCOME TAX APPEAL LODGING NO.878 OF 2006
The Commissioner of Income-tax
Mumbai ..Appellant
Vs.
M/s.Foremost Industries Ltd. ..Respondent
Mr.S.M. Shah with Mr. P.S.Sahadevan for the
Appellant
CORAM: F.I.
J.P.DEVADHAR,JJ.
DATED: 23rd October, 2007
P.C.:
. Considering that the tax incidence is less
than Rs.4.00 lakhs learned Counsel for the Appellant
seeks to withdraw the Motion along with Appeal.
Hence Motion along with Appeal dismissed as
withdrawn. Refund of Court Fees as per rules.
Certified copy expedited.
(J.P. DEVADHAR, J.) (F.I. REBELLO, J.)
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