Petrochemicals Corporation Ltd v. Commissioner Of Income-Tax
High Court
16 Jul 2008 In favour of: Revenue
Forum / Bench
High Court · newos
Parties
Petrochemicals Corporation Ltd v. Commissioner Of Income-Tax
Date of order
16 Jul 2008
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Petrochemicals Corporation Ltd v. Commissioner Of Income-Tax, the High Court (2008) dismissed the appeal. The decision went in favour of the Revenue.
Decision: Noquestion of law, much less substantial question of law is involved.Appeal stands dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 385 OF 2005WITH
INCOME TAX APPEAL NO. 386 OF 2005
M/s. Deepak Fertilisers &
Petrochemicals Corporation Ltd. ).......Appellant
versus
Commissioner of Income-tax
City III, Mumbai )........ Respondant.
Mr. B.V. Zhaveri for the Appellant
Ms. AGP for State.
Mr. for Respondent no.3.
Mr. for the Respondents.4 and 13.
CORAM: SWATANTER KUMAR, C.J., &
A.P. DESHPANDE, J.
DATED: 16TH JULY 2008.
P.C.:
1..The learned counsel appearing for the appellant fairlystates that in the case of the same assessee, similar questions wereraised which have already been rejected by the court in IncomeTax Appeal No.345 of 2005 vide order dated 23[rd] June 2008,hence the present appeal also deserves to be dismissed. Noquestion of law, much less substantial question of law is involved.Appeal stands dismissed.
CHIEF JUSTICE
A.P. DESHPANDE, J.
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