The Commissioner Of Income Tax – 7, Mumbai v. M/S.port Investment Co. Private Limited
High Court
14 Dec 2010 In favour of: Revenue
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax – 7, Mumbai v. M/S.port Investment Co. Private Limited
Date of order
14 Dec 2010
Assessment year(s)
—
Outcome
Allowed
Case summary
In The Commissioner Of Income Tax – 7, Mumbai v. M/S.port Investment Co. Private Limited, the High Court (2010) allowed the appeal. The decision went in favour of the Revenue.
Decision: The appeal is accordingly dismissed with no order as to costs.
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.686 OF 2010
The Commissioner of Income Tax – 7, Mumbai..Appellant.
Versus
M/s.Port Investment Co. Private Limited..Respondent.
Mr.Suresh Kumar for the appellant.None for the respondent.
CORAM : J.P. Devadhar & R.M. Savant, JJ.
P.C. :
DATE : 14[th] December, 2010.
1.The learned counsel for the Revenue states that in this case the Tribunal, relying on the order for assessment year 1999-2000 in the assessee’s own case, has allowed the claim of the assessee and the Revenue has accepted the said decision. No case is made out to take contrary view.
2.In this view of the matter, we see no merit in this appeal. The appeal is accordingly dismissed with no order as to costs.
(R.M. Savant, J.)
(J.P. Devadhar, J.)
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue