Income Tax Case
High Court
16 Feb 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
— v. M/S.polycott
Date of order
16 Feb 2009
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In v. M/S.polycott, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.1406 OF 2008
The CIT-20, Mumbai )..Appellant
V/s.
M/s.Universal Textile Waterproof )
Co (I) Ltd., )..Respondents
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Mr.R.Ashokan for the appellant.
Mr.A.K.Jasani for the respondents.
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Coram : F.I.Rebello & R.S.Mohite,JJ
Date : 16.02.2009.
PC
1. Considering the Board Circular dated 15.5.2008
as interpreted by this Court in Income-tax Appeal
No.1241 of 2008 in CIT Vs. M/s.Polycott
Corporation, decided on 23rd January, 2009 and also
considering the order of ITAT and consequent thereto
the tax effect will be Rs.3,31,056/-, learned
Counsel seeks leave to withdraw the appeal. Appeal
dismissed as withdrawn. Refund of court fees as per
rules.
(R.S.Mohite,J) (F.I.Rebello,J)
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