In The Commissioner Of Income-Tax -5, Mumbai v. M/S. Bombay Cycle & Motor Agencyprivate Ltd, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: In this view of the matter, present appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Ladda
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL No. 843 of 2011.
The Commissioner of Income-tax -5, Mumbai
... Appellant.
Versus
M/s. Bombay Cycle & Motor AgencyPrivate Ltd
... Respondent.
Mr N.A. Kazi for the appellant.Mr A.K. Jasani i/by Vasanti B. Patel for the respondent.
CORAM : J.P. Devadhar &
A.R. Joshi, JJ.
DATE : 23 December, 2011.
P.C. :-
Counsel for the parties state that the similar question raised by the Revenue in the assessee’s own case being Income tax Appeal (L) No. 1485/2008 has been dismissed on 23.6.2009. In this view of the matter, present appeal is dismissed.
(A.R.Joshi,J)
(J.P.Devadhar,J.)
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