In Nma/2846/2010 Of The Commissioner Of Income Tax- Mumbai v. M/S. Akai Impex 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
Notice of Motion No.2846 of 2010IN
The Commissioner of Income tax-3.... ... Appellantv/s.M/s.Akai Impex Ltd.(Now Afloat Textiles (I) Ltd.)... ... Respondent
Mr.Vimal Gupta for Appellant.-----
SMT.ROSHAN DALVI, JJ.DATED : 8[th] March 2011
P.C. :
1.None for the Respondent, though served.
3.The Notice of Motion is made absolute in terms of prayer (a).
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