In The Commissioner Of Income Tax – 5, Mumbai v. M/S.gbl Power Limited, the High Court (2010) dismissed the appeal. The decision went in favour of the assessee.
Decision: 2.For the reasons stated therein, the present appeal is also dismissed with no order as to costs.
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.3656 OF 2009
The Commissioner of Income Tax – 5, Mumbai..Appellant.
Versus
M/s.GBL Power Limited..Respondent.
Ms.Suchitra Kamble for the appellant.Mr.K. Gopal for the respondent.
CORAM : J.P. Devadhar & R.M. Savant, JJ.
P.C. :
DATE : 6[th] December, 2010.
1.Counsel on both the sides state that similar questions raised in
Income Tax Appeal nos.2077 of 2009 and 2088 of 2009 in the assessee’s own
case have been dismissed by this Court on 12[th] October 2009.
2.For the reasons stated therein, the present appeal is also dismissed with no order as to costs.
(R.M. Savant, J.)
(J.P. Devadhar, J.)
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