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The Commissioner Of Income Tax – 10, Mumbai v. M/S.indian Oil Corporation Limited

High Court 26 Jun 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax – 10, Mumbai v. M/S.indian Oil Corporation Limited
Date of order
26 Jun 2009
Assessment year(s)
Outcome
Dismissed

Case summary

In The Commissioner Of Income Tax – 10, Mumbai v. M/S.indian Oil Corporation Limited, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.

Decision: Hence all the appeals stand disposed of with liberty to the Revenue to apply for restoration, if permission is received from COD.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

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.1723 OF 2008WITH NOTICE OF MOTION NO.2061 OF 2009 AND INCOME TAX APPEAL (L) NO.1724 OF 2008WITH NOTICE OF MOTION NO.2062 OF 2009 The Commissioner of Income Tax – 10, MumbaiVersusM/s.Indian Oil Corporation Limited ..Appellant. ..Respondent. Mr.P.S. Sahadevan for the appellant.Mr.A.K. Jasani for the respondent. CORAM : V.C. DAGA &J.P. DEVADHAR, JJ. DATE : 26[th] JUNE, 2009 P.C. : 1.The learned counsel appearing on behalf of the appellant submits that before preferring the above appeals, permission from COD was not obtained. In this view of the matter, the above appeals stand dismissed with liberty to apply for recall of the order, if the appellant receives permission from COD. Hence all the appeals stand disposed of with liberty to the Revenue to apply for restoration, if permission is received from COD. 2.In view of the dismissal of the appeals, Notice of Motions do not survive. Hence the same stand dismissed. (J.P. Devadhar, J.)(V.C. Daga, J.)
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