In The Commissioner Of Income Tax-2 v. M/S Hindustan Pencils Ltd, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is dismissed accordingly 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 BOMBAYORDINARY ORIGINAL CIVIL JURISDICTIONI.T.X.A.NO. 2216/2009
The Commissioner of Income Tax-2
Vs.M/s Hindustan Pencils Ltd.
Appellant
Respondent
Mr.Suresh Kumar for the AppellantMr.Dastur ,Sr.Counsel a/w Mr.P.J.Pardiwala ,Sr.Counsel and Mr.A.K.Jasani for the respondent
P.C.
CORAM- J.P.DEVADHAR ,AND MRS.MRIDULA BHATKAR,JJ.DATE -21ST FEBRUARY,2011
.This appeal is filed against the order of I.T.A.T.dated 22/8/2008 . By the said order the I.T.A.T. has restored the issue to the file of the Assessing Officer with direction to follow the decision of the Tribunal for Assessment Year 2002-03 and 2003-04 . Since the Tribunal has remanded the matter back to the file of the Assessing Officer and the appeal filed by the revenue against the decision of the ITAT for Assessment Year 2002-03 and 2003-04 has already been dismissed by this Court we see no reason to interfere with the order of the I.T.A.T..
The appeal is dismissed accordingly with no order as to
costs.
(Mrs.Mridula Bhatkar,J.)
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue