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The Commissioner Of Income Tax – 5, Mumbai v. M/S.orgo Chem Guj Private Limited

High Court 29 Jul 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax – 5, Mumbai v. M/S.orgo Chem Guj Private Limited
Date of order
29 Jul 2009
Assessment year(s)
Outcome
Dismissed

Case summary

In The Commissioner Of Income Tax – 5, Mumbai v. M/S.orgo Chem Guj Private Limited, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.

Decision: The appeal is dismissed as withdrawn.

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.1031 OF 2009 The Commissioner of Income Tax – 5, Mumbai..Appellant. Versus M/s.Orgo Chem Guj Private Limited ..Respondent. Mr.P.S. Sahadevan for the appellant.Mr.B.V. Jhaveri for the respondent. CORAM : V.C. DAGA & J.P. DEVADHAR, JJ. DATE : 29TH JULY, 2009 P.C. : 1.According to the learned counsel for the revenue, though in the appeal it is mentioned that the tax effect is more, the tax effect involved in this case is less than Rs.4 lakhs. Based on recalculation of the tax effect, learned counsel for the revenue seeks liberty to withdraw the appeal in view of the office Memorandum dated 5-6-2007 issued by the C.B.D.T. and judgments of this Court in CIT V/s. Camco Colour Co. (2002) 254 I.T.R. 565and CIT V/s. Pithwa Engg. Works (2005) 276 ITR 519. The appeal is dismissed as withdrawn. 2.Refund of Court fees as per Rules (J.P. Devadhar, J.)
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