In Niwas Spinning Mills Ltd v. The Assistant Commissioner Of Income Tax, the High Court (2008) dismissed the appeal. The decision went in favour of the Revenue.
Decision: The Appeal is dismissed as withdrawn, as prayed for.
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.249 OF 2005
..Niwas Spinning Mills Ltd.ApplicantVs.The Assistant Commissioner of Income Tax...Respondent
--
Shri Surel S. Shah, Advocate for the State for the applicant.--
CORAM : SWATANTER KUMAR, CJ &A.P. DESHPANDE, JDATED :25TH AUGUST, 2008
P.C.
Learned counsel appearing for the Applicant wishes to
withdraw the Appeal with liberty to take appropriate steps in thematter. The Appeal is dismissed as withdrawn, as prayed for.
CHIEF JUSTICE
A.P. DESHPANDE, J
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