In The Commissioner Of Income-Tax -12 Mumbai v. Naples Co-Op.housing Society Ltd, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: In this view of the matter, the appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Ladda
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL No. 864 of 2011.
The Commissioner of Income-tax -12 Mumbai
... Appellant.
Versus
Naples Co-op.Housing Society Ltd.
... Respondent.
Mrs S.V. Bharucha for the appellant.Mr Keshav B. Bhujle for the Respondent.
CORAM : J.P. Devadhar & A.R. Joshi, JJ.
DATE : 23 December, 2011.
P.C. :-
Counsel for the parties state that the questions raised in this appeal are covered against the revenue by the decision of this Court in the case of Sind
Cooperative Housing Society Ltd vs. ITO reported in 371 ITR 47. In this view of the matter, the appeal is dismissed.
(A.R.Joshi,J)
(J.P.Devadhar,J.)
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