The Commissioner Of Income Tax – 1, Mumbai v. M/S.yatish Trading Co. Private Limited
High Court
04 Aug 2011 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax – 1, Mumbai v. M/S.yatish Trading Co. Private Limited
Date of order
04 Aug 2011
Assessment year(s)
—
Outcome
Dismissed
Case summary
In The Commissioner Of Income Tax – 1, Mumbai v. M/S.yatish Trading Co. Private Limited, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is accordingly dismissed with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Sections referenced in this judgment
The order — as passed by the High Court
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL (L) NO.525 OF 2011
The Commissioner of Income Tax – 1, Mumbai..Appellant.
Versus
M/s.Yatish Trading Co. Private Limited..Respondent.
Ms.Anamika Malhotra for the appellant.Mr.Nishant Thakkar i/by Mint & Confreres for the respondent.
CORAM : J.P. Devadhar & A.A. Sayed, JJ.
P.C. :
DATE : 4[th] August, 2011.
1.In this appeal, the Income Tax Appellate Tribunal has restored the issue relating to disallowance under Section 14A of the Income Tax Act, 1961 to the file of the Assessing Officer, in the light of the judgment of this Court in the case of Godrej & Boyce Manufacturing Co. Limited V/s. DCIT reported in (2010) 328 ITR 81 (Bom).
2.Since the Income Tax Appellate Tribunal has restored the issue to the file of the Assessing Officer, we are not inclined to entertain this appeal. The appeal is accordingly dismissed with no order as to costs.
(A.A. Sayed, J.)
(J.P. Devadhar, J.)
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