In The Commissioner Of Income Tax -3 v. M/S Korn Ferry International P.ltd, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: Hence we have no option but to dismiss the appeal since the issue is covered by the decision of the Apex Court .
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 JURISDICTIONITXA(L) NO.1000/2010
The Commissioner of Income Tax -3VS.
M/s Korn Ferry International P.Ltd.
APPELLANT
RESPONDENT
Ms.Anamika Malhotra for App.None for Res.
CORAM- J.P.DEVADHAR ,AND MRS.MRIDULA BHATKAR,JJ.DATE -31st JANUARY,2011.
P.C.
.Counsel for the revenue states that the issue is covered by the decision of the Apex Court in T.R.F.Ltd.V. Commissioner of Income Tax ,reported in [2010] 323 ITR
397(SC). Instead of withdrawing the appeal revenue wants
that the appeal be dismissed . Hence we have no option but to dismiss the appeal since the issue is covered by the decision of the Apex Court .
The appeal is dismissed. No costs.
(Mrs.Mridula Bhatkar,J.)
(J.P.Devadhar,J.)
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