The Cbdt Circular v. Sunny Sounds P. Ltd.,_ Reported In [2016] 381 Itr 443 (Bom
High Court
06 Jul 2017 In favour of: Unclear
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The Cbdt Circular v. Sunny Sounds P. Ltd.,_ Reported In [2016] 381 Itr 443 (Bom
Date of order
06 Jul 2017
Assessment year(s)
—
Outcome
Other
The order — as passed by the High Court
Case summary
In The Cbdt Circular v. Sunny Sounds P. Ltd.,_ Reported In [2016] 381 Itr 443 (Bom, the High Court (2017) decided the matter.
Decision: 3In view of that, the Reference is disposed of.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDITION
INCOME TAX REFERENCE NO.29 OF 2002
The Commissioner of Income Tax,City-IV, Bombay...ApplicantV/s.M/s.Vision Trading Co. Pvt. Ltd. ...Respondent
.....Mr.A.R.Malhotra with Mr.N.A.Kazi, Advocate for the Applicant.Mr.P.C.Tripathi with Mr.R.B.Darak, Advocate for the Respondent.....
CORAM :S.V.GANGAPURWALA &A.M.BADAR JJ.
DATED :6[th] July 2017.
P.C.
1Rs.20,00,000/-.
The Tax effect liability involved is below
2The CBDT Circular No.21 of 2015 dated 10[th] December2015 would also apply to Reference in view of the Judgment ofthe Division Bench of this Court in Commissioner of Income-Taxv. Sunny Sounds P. Ltd., reported in [2016] 381 ITR 443(Bom.).
3In view of that, the Reference is disposed of.
( A.M.BADAR J.)
( S.V.GANGAPURWALA J.)
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