The Commissioner Of Income Tax – 1, Mumbai v. M/S.shree Satyanarayan Investments Co. Ltd., Mumbai
High Court
08 Jul 2009 In favour of: Assessee
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The Commissioner Of Income Tax – 1, Mumbai v. M/S.shree Satyanarayan Investments Co. Ltd., Mumbai
Date of order
08 Jul 2009
Assessment year(s)
—
Outcome
Dismissed
Case summary
In The Commissioner Of Income Tax – 1, Mumbai v. M/S.shree Satyanarayan Investments Co. Ltd., Mumbai, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is dismissed accordingly with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
1
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL (L) NO.3732 OF 2008
The Commissioner of Income Tax – 1, Mumbai
..Appellant.
Versus
M/s.Shree Satyanarayan Investments Co. Ltd., Mumbai
..Respondents.
Mr.P.S. Sahadevan i/by Suresh Kumar for the appellant.
None for the respondent.
CORAM : V.C. DAGA &J.P. DEVADHAR, JJ.
DATE : 8TH JULY, 2009
P.C. :
1.Heard learned counsel for the revenue. Office objections, if any are over-ruled. Registry is directed to register the appeal. Taken up for hearing.
2.The question as framed in this appeal is covered by the judgment of this Court in the case of Director of Income Tax (InternationalTaxation) Vs. NGC Network Asia LLCreported in (2009) 222 CTR (Bom) 86.
3.In the light of that, there is no merit in this appeal. The appeal is dismissed accordingly with no order as to costs.
(J.P. Devadhar, J.)
(V.C. Daga, J.)
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