In The Commissioner Of Income Tax 7 v. M/S. Tracstar Investment Ltd, the High Court (2011) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTIONNOTICE O MOTION NO. 14 OF 20111
IN
INCOME TAX APPEAL NO. 4929 OF 2010
The Commissioner of Income Tax 7...Appellant.Vs.
M/s. Tracstar Investment Ltd...Respondent.
Mr.Suresh Kumar for the Appellant.
Mr. Mandar Vaidya i/by Roys' Law Firm for the Respondent.
CORAM : J.P. DEVADHAR AND A.A. SAYED, JJ.
DATE : 8TH JULY, 2011.
P.C.
1.Heard learned Counsel for the parties. Learned Counsel for the respondent opposes the Notice of Motion.
2.For the reasons stated in the Notice of Motion, delay is condoned.
Notice of Motion is made absolute in terms of prayer clause (a) and (b).
( A.A. SAYED, J. )
( J.P. DEVADHAR , J.)
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