In The Commissioner Of Income Tax – 4, Mumbai v. M/S.shubhkam Stock And Shares Limited, the High Court (2011) allowed the appeal. The decision went in favour of the Revenue.
Decision: P.C. : DATE : 19[th] October 2011 1.By consent, the Review Petition is allowed.
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 JURISDICTION
REVIEW PETITION (L) NO.70 OF 2011
IN
INCOME TAX APPEAL NO.6356 OF 2010
The Commissioner of Income Tax – 4, Mumbai
..Appellant.
Versus
M/s.Shubhkam Stock and Shares Limited..Respondent.
Mr.Vimal Gupta for the appellant.Ms.Renu Choudhary with Mr.Ajay R. Singh for the respondent.
CORAM : J.P. Devadhar &K.K. Tated, JJ.
P.C. :
DATE : 19[th] October 2011
1.By consent, the Review Petition is allowed. Order dated 20[th] July 2009 is recalled. Income Tax Appeal No.6356 of 2010 is restored to file.
(K.K. Tated, J.)
(J.P. Devadhar, J.)
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