In Nma/2280/2010 Of The Commissioner Of Income Tax -7 Mumbai v. Ultramarine And Pigments Ltd, the High Court (2011) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
PGK
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
The Commissioner of Income-taxv/s.M/s.Ultramarine & Pigments Ltd.
... Appellant
... Respondent
Mr.Hiro Rai with Mr.S.S.Shetty and Mr.Mandar Vaidya for Respondent.
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SMT.ROSHAN DALVI, JJ.
DATED : 8[th] March 2011
1.By consent, the Notice of Motion is made absolute in terms of prayer (a).
(SMT.ROSHAN DALVI, J.)
(J.P. DEVADHAR, J.)
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