The Commissioner Of Income Tax - 3, Mumbai v. Velocity Trading Private Limited
High Court
20 Jul 2011 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax - 3, Mumbai v. Velocity Trading Private Limited
Date of order
20 Jul 2011
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In The Commissioner Of Income Tax - 3, Mumbai v. Velocity Trading Private Limited, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: 2.In this view of the matter, for the reasons stated therein the present appeal is dismissed 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 BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.4907 OF 2010
The Commissioner of Income Tax - 3, Mumbai
..Appellant.
Versus
Velocity Trading Private Limited..Respondent.
Mr.Vimal Gupta for the appellant.Mr.J.D. Mistri, Senior Advocate with Mr.P.C. Tripathi with Mr.Raj Darak for the respondent.
CORAM : J.P. Devadhar &
A.A. Sayed, JJ.
P.C. :
DATE : 20[th] July, 2011.
1.Counsel for the parties state that the question raised in this appeal is covered against the Revenue by the decision of this Court in the
case of Godrej Agrovet Limited V/s. The Dy. Commissioner of Income Tax,
being Writ Petition No.200 of 2010 decided on 11th February, 2010.
2.In this view of the matter, for the reasons stated therein the present appeal is dismissed with no order as to costs.
(A.A. Sayed, J.)
(J.P. Devadhar, J.)
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