In The Commissioner Of Income Tax - 13Mumbai v. Munish L. Agarwal, the High Court (2010) dismissed the appeal. The decision went in favour of the assessee.
Decision: In the circumstances, the appeal shall stand dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYO. O. C. J.INCOME TAX APPEAL NO.2238 OF 2009
The Commissioner of Income Tax - 13Mumbai..Appellant.
Vs.
Munish L. Agarwal
..Respondent.
.....
Mr. A.S. Shivsharan for the Appellant.Mr. N.M. Porwal for the Respondent.
....
CORAM:DR. D.Y. CHANDRACHUD, & J.P.DEVADHAR, JJ.
4th January, 2010.
P.C.:
Counsel appearing on behalf of the Revenue states that the
questions of law which arise in this appeal are covered by the judgment of a Division Bench of this Court dated 8th August, 2008 in
Appeal 427 of 2005 (Commissioner of Income Tax v. Laxminarayan
S. Agarwal) against the revenue. In the circumstances, the appeal shall stand dismissed.
(DR.D.Y.CHANDRACHUD, J.)
(J.P.DEVADHAR, J.)
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