In The Commissioner Of Income Tax-2 v. Hardik Paints Pvt. Ltd, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: For the reasons stated therein, these two appeals are also dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
KJ
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.2729 OF 2009
ANDINCOME TAX APPEAL NO.3167 OF 2009
The Commissioner of Income Tax-2Vs.
)..Appellant
Hardik Paints Pvt. Ltd.,
)..Respondents
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Mr. Vimal Gupta for the appellant.
Mr. S.E.Dastur Senior Counsel @ Mr.P.J.Pardiwala Sr.Counsel and Mr.A.K.Jasani for the respondents.
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CORAM : J. P .DEVADHAR & MRS.MRIDULA BHATKAR,JJ
DATE : 21/2/2011.
PC
1Counsel for the Revenue fairly states that the similar
question raised in Appeal No.2727 of 2009 has been dismissed by
us today. For the reasons stated therein, these two appeals are also
dismissed.
(MRS.MRIDULA BHATKAR,J)
(J.P.DEVADHAR,J)
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