The Commissioner Of Income Tax – 4, Mumbai v. M/S.mehta Investments, Mumbai
High Court
08 Jul 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax – 4, Mumbai v. M/S.mehta Investments, Mumbai
Date of order
08 Jul 2009
Assessment year(s)
—
Outcome
Dismissed
Case summary
In The Commissioner Of Income Tax – 4, Mumbai v. M/S.mehta Investments, Mumbai, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeals are dismissed accordingly with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL (L) NO.3890 OF 2008
The Commissioner of Income Tax – 4, MumbaiVersusM/s.Mehta Investments, Mumbai
..Appellant.
..Respondent.
Mr.Vimal Gupta for the appellant.None for the respondent.
INCOME TAX APPEAL (L) NO.3892 OF 2008
The Commissioner of Income Tax – 4, MumbaiVersusM/s.M.R. Share Broking Pvt. Ltd., Mumbai
..Appellant.
..Respondent.
Mr.Vimal Guptai for the appellant.None for the respondent.
INCOME TAX APPEAL (L) NO.3939 OF 2008
The Commissioner of Income Tax – 17, MumbaiVersus
M/s.Avni Dye Chem Industries, Mumbai
..Appellant.
..Respondent.
Mr.D.K. Kamwal for the appellant.None for the respondent.
CORAM : V.C. DAGA & J.P. DEVADHAR, JJ.
DATE : 8[th] JULY, 2009
P.C. :
1.Heard learned counsel for the revenue. The issue sought to be raised in these appeals is squarely covered by the Division Bench judgment of this Court in the case of Commissioner of Income Tax V/s. Walfort Share and Stock Brokers P.Ltd.reported in [2009] 310 I.T.R. 421.
2.In the light of that, there is no merit in these appeals. The appeals are dismissed accordingly with no order as to costs.
(J.P. Devadhar, J.)
(V.C. Daga, J.)
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