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The Case Of Godrej & Boyce Mfg. Co. Ltd v. Deputycommissioner Of Income Taxreported In 328 Itr 81

High Court 26 Jul 2017 In favour of: Revenue
Forum / Bench
High Court · newos
Parties
The Case Of Godrej & Boyce Mfg. Co. Ltd v. Deputycommissioner Of Income Taxreported In 328 Itr 81
Date of order
26 Jul 2017
Assessment year(s)
Outcome
Dismissed

Case summary

In The Case Of Godrej & Boyce Mfg. Co. Ltd v. Deputycommissioner Of Income Taxreported In 328 Itr 81, the High Court (2017) dismissed the appeal. The decision went in favour of the Revenue.

Decision: 3In light of the above, no substantial question of law arise and as such, the appeals are 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.283 OF 2016 THE COMMISSIONER OF INCOME TAX-10)...APPELLANT V/s. M/S.HINDU VENTURES LTD.)...RESPONDENT WITH INCOME TAX APPEAL NO.1288 OF 2015 THE PR.COMMISSIONER OF INCOME TAX)-10)...APPELLANT V/s. M/S.HINDU VENTURES LTD. )...RESPONDENT Mr.Arvind Pinto, Advocate for the Appellant. Mr.Kamal Sawhney a/w. Mr.Abhishek Tilak, Advocate for the Respondent. CORAM:S.V.GANGAPURWALA &A. M. BADAR, JJ. DATE :26[th] JULY 2017 avk 1/2 P.C. : 1These appeals are pertaining to Assessment Year 2001- 2002 and 2004-2005. The issue relates with the retrospective applicability of Rule 8D of the Income Tax Rules. 2We have heard the learned counsel for the respective parties. The said issue is covered by the judgment of this court in the case of Godrej & Boyce Mfg. Co. Ltd. vs. DeputyCommissioner of Income Taxreported in 328 ITR 81. 3In light of the above, no substantial question of law arise and as such, the appeals are dismissed. No costs. (A. M. BADAR, J.) (S.V.GANGAPURWALA, J.) avk 2/2
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