The Commissioner Of Income Tax-4,Mumbai v. M/S. S.p. Jain Securities Pvt. Ltd
High Court
24 Jan 2012 In favour of: Assessee
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Parties
The Commissioner Of Income Tax-4,Mumbai v. M/S. S.p. Jain Securities Pvt. Ltd
Date of order
24 Jan 2012
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In The Commissioner Of Income Tax-4,Mumbai v. M/S. S.p. Jain Securities Pvt. Ltd, the High Court (2012) dismissed the appeal. The decision went in favour of the assessee.
Decision: In this view of the matter, the Appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.903 OF 2011
The Commissioner of Income Tax-4,Mumbai...Appellant.
Vs.
M/s. S.P. Jain Securities Pvt. Ltd.,
..Respondent.
....
Ms. Padma Divakar, for the Appellant.
Ms. Aarti Visranji a/w. S.P. Mehta, for the Respondent.
....
P.C.
CORAM : J. P. DEVADHAR &
A.R. JOSHI, JJ. th JANUARY, 2012.
DATED : 24
1.Counsel for the parties state that the question raised in this Appeal is covered against the Revenue by the decision of this Court in
the case of CIT Vs, Kotak Securities Ltd., reported in 340 ITR 333 and in the case of CIT Vs. Angel Capital & Debit Market Ltd., in Income Tax Appeal (L) No.475 of 2011 decided on 28th July, 2011. In this view of the matter, the Appeal is dismissed.
(A. R. JOSHI, J.)
(J. P. DEVADHAR,J.)
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