In The Commissioner Of Income Tax – 13, Mumbai v. M/S.marson Holdings, Mumbai, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: 2.In this view of the matter, the present appeal is 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 NO.7004 OF 2010
The Commissioner of Income Tax – 13, Mumbai
Versus
M/s.Marson Holdings, Mumbai
..Appellant.
..Respondent.
Mr.Suresh Kumar for the appellant.Mr.P.C. Tripathi i/by Mr.Atul K. Jasani for the respondent.
CORAM : J.P. Devadhar &A.R. Joshi, JJ.
DATE : 1[st] December 2011
P.C. :
1.Counsel for the Revenue fairly states that the question of law raised by the Revenue in this appeal is squarely covered against the Revenue
by the decision of the Apex Court in the case of TRF Limited V/s. Commissioner of Income Tax reported in 323 ITR 397 (SC).
2.In this view of the matter, the present appeal is dismissed with no order as to costs.
(A.R. Joshi, J.)(J.P. Devadhar, J.)
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