In The Commissioner Of Income Tax - 21 v. Radheshyam Poddar, the High Court (2011) allowed the appeal. The decision went in favour of the Revenue.
Decision: In this view of the matter, the appeal is dismissed with no order as to costs.as to costs. [ A.A.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
RMA
IN THE HIGH COURT OF JUDICATURE AT BOMBAYO.O.C.J.
INCOME TAX APPEAL NO. 2160 OF 2010
The Commissioner of Income Tax - 21
.. Appellant
Vs
Radheshyam Poddar
.. Respondent
Mr. Suresh Kumar i/b Mr. R. Ashokan for the Appellant
CORAM : J.P. DEVADHAR &
A.A. SAYED, JJ.
P.C.:
DATE : 18th JULY, 2011.
1. Heard.
2. Learned counsel for the revenue states that the ITAT has allowed the claim of the assessee by relying upon the decision allowed the claim of the assessee by relying upon the decision
of this Court in the case of C.I.T. V/s. J.K. Investors (Bombay) Ltd reported in 248 ITR 723.(Bombay) Ltd reported in 248 ITR 723.
3. In this view of the matter, the appeal is dismissed with no order as to costs.as to costs.
[ A.A. SAYED, J ]
[ J.P. DEVADHAR, J ]
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