In Oxford Mouldings v. The Assistant Commissioner Of Income Taxcircle – 20 (2)-3, the High Court (2010) dismissed the appeal. The decision went in favour of the Revenue.
Decision: In this view of matter, the Appeal is dismissed with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
SSM
IN THE HIGH COURT OF JUDICATURE OF BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 620 OF 2010
Oxford Mouldings
.... Appellant
VERSUS
The Assistant Commissioner of Income TaxCircle – 20 (2)-3
.... Respondent
Mr. S. G. Dalal for Appellant.Mr. P. S. Sahadevan i/b. Mr. D. K. Kamwal for Respondent.
CORAM:J. P. DEVDHAR and R. M. SAVANT, J.J.DATED:DECEMBER 13, 2010.
P.C.:
1.The Counsel for the Appellant states that the questions raised in this Appeal are covered against the appellant by the Full Bench decision of this Court in case of Plastiblends India Ltd. Vs/. ACIT reported in 318 ITR 352 (Bom) (F.B). In this view of matter, the Appeal is dismissed with no order as to costs.
(R. M. SAVANT, J)
(J. P. DEVDHAR, J)
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