The Commissioner Of Income Tax – 2, Mumbai v. M/S.apricot Leasing & Finance Private Limited
High Court
14 Dec 2010 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax – 2, Mumbai v. M/S.apricot Leasing & Finance Private Limited
Date of order
14 Dec 2010
Assessment year(s)
—
Outcome
Dismissed
Case summary
In The Commissioner Of Income Tax – 2, Mumbai v. M/S.apricot Leasing & Finance Private Limited, the High Court (2010) dismissed the appeal. The decision went in favour of the assessee.
Decision: 2.In this view of the matter, the appeal is dismissed with no order as to costs.
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 BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL (L) NO.203 OF 2010
The Commissioner of Income Tax – 2, Mumbai
Versus
M/s.Apricot Leasing & Finance Private Limited
..Appellant.
..Respondent.
Mr.Vimal Gupta for the appellant.Mr.Atul K. Jasani for the respondent.
CORAM : J.P. Devadhar & R.M. Savant, JJ.
P.C. :
DATE : 14[th] December, 2010.
1.Counsel for both the sides state that the question of law raised in this appeal is answered against the Revenue by the decision of this Court in the case of Commissioner of Income-tax – III, Mumbai V/s. Apar Industries Limited reported in (2010) 190 Taxman 353 (Bom) and decision of this Court in the case of Commissioner of Income Tax V/s. Natural Gems Limited reported in (2010) 327 ITR 29 (Bom).
2.In this view of the matter, the appeal is dismissed with no order as to costs.
(R.M. Savant, J.)
(J.P. Devadhar, J.)
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