The Commissioner Of Income Tax - 5, Mumbai v. Maharashtra State Road Development Corporation Ltd
High Court
28 Feb 2011 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax - 5, Mumbai v. Maharashtra State Road Development Corporation Ltd
Date of order
28 Feb 2011
Assessment year(s)
2008-09
Outcome
Dismissed
Case summary
In The Commissioner Of Income Tax - 5, Mumbai v. Maharashtra State Road Development Corporation Ltd, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is accordingly 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 BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.155 OF 2010
The Commissioner of Income Tax - 5, Mumbai
..Appellant.
Versus
Maharashtra State Road Development Corporation Ltd...Respondent.
Mr.Suresh Kumar for the appellant.Mr.Arun Siwach i/by Amarchand & Mangaldas & S.A. Shroff & Co. for the respondent.
CORAM : J.P. Devadhar &
Mrs.Mridula Bhatkar, JJ.
P.C. :
DATE : 28[th] February, 2011.
1.The learned Counsel for the Revenue states that similar questions raised by the Revenue in the subsequent assessment year viz. A.Y. 2008-09 have been accepted by the Revenue.
2.In this view of the matter, since the decision of the Tribunal has
been accepted, there is no reason to entertain the present appeal. The appeal
is accordingly dismissed. No costs.
(Mrs.Mridula Bhatkar, J.)
(J.P. Devadhar, J.)
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