In Mumbai v. Mumbai, the High Court (2008) decided the matter.
Decision: Therefore,following this judgment, this 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. 208 OF 2007
The Commissioner of Income Tax-3AppellantMumbaiVs.
M/s Hercules Investment P. Ltd.RespondentMumbai
Mr. J. D. Mistry with P.C. Tripathi, for theappellant.
Mr. Vimal Gupta, for the Respondent.
PC :-
.It is submitted at the bar that the questionsraised in this appeal are answered against the Revenueby the judgment of this Court in Income Tax Appeal No.607 of 2005, dated 17th October, 2007. Therefore,following this judgment, this appeal is dismissed.
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