In The Commissioner Of Income Tax – 1, Mumbai v. Parekh Marketing Limited, the High Court (2009) 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.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL (L) NO.762 OF 2009
The Commissioner of Income Tax – 1, Mumbai ..Appellant.
Versus
Parekh Marketing Limited
..Respondent.
Mr.Suresh Kumar for the appellant.
Mr.Prakash Shah with Mr.Jas Sanghvi i/by PDS Legal for the respondent.
CORAM : V.C. DAGA & J.P. DEVADHAR, JJ.DATE : 21ST JULY, 2009.
P.C. :
1.The tribunal has remanded the matter back to the assessing officer for assessment afresh. In this view of the matter, we do not find any substantial question of law arising out of the order of the tribunal. The appeal is accordingly dismissed with no order as to costs.
(J.P. Devadhar, J.)
(V.C. Daga, J.)
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