In The Commissioner Of Income Tax-20 v. M/S. Deepal Corporation, the High Court (2010) dismissed the appeal. The decision went in favour of the assessee.
Decision: For the reasons already indicated by the Court in its decision in the companion appeal, the present appeal does not raise any substantial question of law and is accordingly 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.2335 OF 2009
The Commissioner of Income Tax-20..Appellant.
Vs.M/s. Deepal Corporation..Respondent.
....
Mr. Suresh Kumar for the Appellant.
Mr. A.K. Sharma with Mr. P.C. Tripathi for the Respondent.
....
CORAM : DR. D.Y.CHANDRACHUD & J.P. DEVADHAR, JJ.
P.C.:
31[st] March, 2010.
Counsel appearing on behalf of the Revenue and counsel
appearing on behalf of the assessee are agreed in stating before the Court that the issue which arises in the appeal is covered against the Revenue by the judgment of this Court delivered in companion ITA 2714 of 2009. For the reasons already indicated by the Court in its decision in the companion appeal, the present appeal does not raise any substantial question of law and is accordingly dismissed.
(Dr. D.Y.Chandrachud, J.)
(J.P. Devadhar, J.)
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