The Commissioner Of Income Tax – 7, Mumbai v. M/S.rhoda Textiles Private Limited
High Court
11 Mar 2010 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax – 7, Mumbai v. M/S.rhoda Textiles Private Limited
Date of order
11 Mar 2010
Assessment year(s)
2003-2004
Outcome
Dismissed
Case summary
In The Commissioner Of Income Tax – 7, Mumbai v. M/S.rhoda Textiles Private Limited, the High Court (2010) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal shall stand dismissed.
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 BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.2414 OF 2009
The Commissioner of Income Tax – 7, Mumbai
Versus
M/s.Rhoda Textiles Private Limited
..Appellant.
..Respondent.
Mr.Suresh Kumar for the appellant.Mr.F.B. Andhyarujina, Senior Advocate with Ms.Pallavi Divekar for the respondent.
CORAM : Dr.D.Y. Chandrachud & J.P. Devadhar, JJ.
DATE : 11[th] March, 2010.
P.C. :
1.The appeal arises out of an order of the Income Tax Appellate Tribunal dated 24[th] March 2008 for assessment year 2003-2004. The learned Counsel appearing on behalf of the Revenue and the learned Counsel appearing on behalf of the assessee are agreed in stating that the two questions which are raised in these proceedings are covered against the Revenue by the judgment of this Court delivered today in companion Income Tax Appeal (L) No.3223 of 2008.
2.For the reasons stated therein, the appeal does not raise any substantial question of law. The appeal shall stand dismissed. There shall be no order as to costs.
(J.P. Devadhar, J.)
(Dr.D.Y. Chandrachud, J.)
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