In The Commissioner Of Income Tax – 12, Mumbai v. M. Visvesvaraya Industrial Research &Development Centre, 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.1025 OF 2009
The Commissioner of Income Tax – 12, Mumbai ..Appellant.
Versus
M. Visvesvaraya Industrial Research &Development Centre
..Respondent.
Ms.Suchitra Kamble for the appellant.
CORAM : V.C. DAGA & J.P. DEVADHAR, JJ.
DATE : 21ST JULY, 2009.
P.C. :
1.Since the matter is remanded back by the tribunal by keeping all the questions open, we found no substantial question of law involved in this appeal. The appeal is accordingly dismissed with no order as to costs.
(J.P. Devadhar, J.)(V.C. Daga, J.)
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