In The C.i.t. Mumbai City-I v. M/S. Apar Ltd, the High Court (2008) dismissed the appeal.
Decision: In the light of that, appeal stands dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.78 OF 2001
The C.I.T. Mumbai City-I ..Appellant
Versus
M/s. Apar Ltd., ..Respondent
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Mrs.P.P.Bhosale for the appellant.
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Coram : F.I.Rebello &
R.S.Mohite,JJ
Date : 4.2.2008
PC
1. The questions of law are as formulated in
paragraph-5 of the memo of appeal.
2. The first question is covered by the judgment
reported in 261 ITR 275. The second question is
covered by the judgment reported in 248 ITR 723 and
the third question is covered by the judgment
reported in 250 ITR 506. All questions are answered
in favour of the assessee.
3. In the light of that, appeal stands dismissed.
(R.S.Mohite,J) (F.I.Rebello,J)
(R.S.Mohite,J) (F.I.Rebello,J)
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