The Commissioner Of Income Tax-4 v. Visaria Securities Pvt.ltd
High Court
21 Feb 2011 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax-4 v. Visaria Securities Pvt.ltd
Date of order
21 Feb 2011
Assessment year(s)
—
Outcome
Dismissed
Case summary
In The Commissioner Of Income Tax-4 v. Visaria Securities Pvt.ltd, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: In this view of the matter both the appeals are dismissed.
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 JURISDICTIONI.T.X.A.L.2613/2009
The Commissioner of Income Tax-4
VS.
Visaria Securities Pvt.Ltd.
Appellant
Respondent
Mr.Vimal Gupta for the AppellantMr.Rajesh Poojary i/b Mint & Conferers for respondent
WITH
I.T.X.A.L.2906/2009
The Commissioner of Income Tax-4
Appellant
Vs.M/sCitigroup Global markets India Pvt.Ltd.Respondent
Mr.Vimal Gupta for the AppellantMr.Damodar i/b Kanga & Co.
P.C.
CORAM- J.P.DEVADHAR ,AND MRS.MRIDULA BHATKAR,JJ.DATE -21ST FEBRUARY,2011
.Counsel for the parties state that the questions raised in
these appeals are covered against the revenue by the decision of the Apex Court in Techno Shares and Stocks Ltd.Vs.C.I.T., reported in (2010),327 ITR,323 .
In this view of the matter both the appeals are dismissed.
No costs.
(Mrs.Mridula Bhatkar,J.)
(J.P.Devadhar,J.)
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