The Commissioner Of Income-Tax – 4, Mumbai v. M/S.nachiket Securities Private Limited
High Court
22 Jun 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income-Tax – 4, Mumbai v. M/S.nachiket Securities Private Limited
Date of order
22 Jun 2009
Assessment year(s)
—
Outcome
Dismissed
Case summary
In The Commissioner Of Income-Tax – 4, Mumbai v. M/S.nachiket Securities Private Limited, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: 2.Both the appeals are therefore dismissed 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 BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL (L) NO.1332 OF 2008
The Commissioner of Income-tax – 4, MumbaiVersusM/s.Nachiket Securities Private Limited
..Appellant...Respondent.
Mr.P.S. Sahadevan for the appellant.Ashish Pyasi i/by Kartikeya & Associates for the respondent.
INCOME TAX APPEAL (L) NO.1333 OF 2008
The Commissioner of Income-tax – 4, MumbaiVersusM/s.VRM Share Broking Private Limited
..Appellant.
..Respondent.
Mr.P.S. Sahadevan for the appellant.None for the respondent.
CORAM : V.C. DAGA &
J.P. DEVADHAR, JJ.
DATE : 22nd JUNE, 2009
P.C. :
1.Heard learned counsel for the revenue. So far as questions of law sought to be raised in these appeals are concerned, the same are 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.Both the appeals are therefore dismissed with no order as to costs.
(J.P. Devadhar, J.)
(V.C. Daga, J.)
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