In Nma/1988/2009 Of The Commissioner Of Income Tax -3 Mumbai v. Star Chemicals P Ltd, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is, therefore, dismissed in limini with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO.1988 OF 2009 WITH INCOME TAX APPEAL (L) NO.3024 OF 2008
The Commissioner of Income Tax
..Appellant.
V/s.
M/s. Star Chemicals (Bom) (P) Ltd.
..Respondent.
Mr. P.S. Sahadevan i/b. Vimal Gupta for appellant.None for respondent.
CORAM : V.C.DAGA AND J.P.DEVADHAR, JJ. DATED : 6TH JULY, 2009.
P.C. :-
1.Heard learned counsel for the appellant. Perused the affidavit in support of the Notice of Motion. For the reasons stated in the affidavit, Notice of Motion is made absolute in terms of prayer clause (a). Office objections are overruled. Registry is directed to register the appeal. Notice of Motion is disposed of accordingly with no order as to costs.
2.Learned counsel for the revenue fairly states that the issue sought to be raised in the above appeal is covered by the Division Bench judgment of this Court in the case of CIT V/s. Walfort Share and Stock Brokers P. Ltd.reported in [2009] 310 I.T.R. 421. In this view of the matter no substantial question of law arise in the above appeal. The appeal is, therefore, dismissed in limini with no order as to costs.
(J.P.DEVADHAR, J.)
(V.C.DAGA, J.)
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