In The Commissioner Of Income Tax- 6 v. M/S. Jayneer Capital Pvt. Ltd, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: SSM 2.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.
SSM
IN THE HIGH COURT OF JUDICATURE OF BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 2278 OF 2010
The Commissioner of Income Tax- 6.... AppellantVERSUS
M/s. Jayneer Capital Pvt. Ltd.
.... Respondent
Ms. Padma Divakar for the Appellant.Mr. Sanjiv M. Shah for the Respondent.
CORAM:J. P. DEVADHAR and MRIDULA BHATKAR J.J.DATED:JANUARY 25, 2011.
P.C.:
The Counsel for the revenue states that the question raised
in this Appeal is covered against the revenue by the decision of The
Commissioner of Income Tax V/s. M/s. Castle Investment & Inds.
ndP. Ltd. reported (ITXA No. 1557 of 2007) decided on 22 July,
2008.
SSM
2.In this view of the matter, the Appeal is dismissed.
(MRIDULA BHATKAR, J)(J. P. DEVADHAR, J)
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