In Tax 3 v. M/S Icici Bank Ltd, the High Court (2008) dismissed the appeal.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
O.O.C.J.
Income Tax Appeal No. 800 of 2008
The Commissioner of Income
Tax 3 ..Appellant
vs.
M/s ICICI Bank Ltd. ..Respondent
Mr.J.S.Saluja for appellant.
Mr.S.J.Mehta for respondent.
CORAM: Dr.S.RADHAKRISHNAN &S.J.KATHAWALLA JJ. 14th August, 2008
CORAM: Dr.S.RADHAKRISHNAN &
S.J.KATHAWALLA JJ.
14th August, 2008
P.C.
P.C.
1. Heard the learned Counsel appearing for the appellant
and the learned Counsel appearing for the respondent.
Both the learned Counsel fairly state that the question of
law raised in the above appeal is squarely covered against
the revenue and in favour of the assessee by the judgment
of Commissioner of Income Tax Vs. Corporation Bank
reported in 295 ITR 193 (SC). In view thereof there is no
substance in the above appeal. Appeal stands dismissed.
(S.J.KATHAWALLA J.) (Dr.S.RADHAKRISHNAN J.)
(S.J.KATHAWALLA J.) (Dr.S.RADHAKRISHNAN J.)
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