In The Commissioner Of Income Tax-3 v. M/S.sanatan Textrade Pvt.ltd, the High Court (2007) dismissed the appeal. The decision went in favour of the assessee.
Decision: Consequently, the appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
1
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICITON
INCOME TAX APPEAL (L) NO.719 OF 2005
The Commissioner of Income Tax-3 .. Applicant.
Versus
M/s.Sanatan Textrade Pvt.Ltd. .. Respondent.
Mr.P.S. Sahadevan for the applicant.
Mr.J.D. Mistry with Mr.Raj Darak for the respondent.
CORAM : F.I. REBELLO &
J.P. DEVADHAR, JJ.
DATED : 24TH OCTOBER, 2007.
P.C. :
1. The questions of law as framed in this
appeal are covered by the judgment of the Supreme
Court in Apollo Tyres Limited V/s. CIT [(2002) 273
I.T.R. 273 (SC)].
2. In the light of that, questions of law as
framed would not arise. Consequently, the appeal is
dismissed.
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