In The Commissioner Of Income Tax – C Iii, Mumbai v. Alok Industries Limited, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is dismissed accordingly with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.1096 OF 2009
The Commissioner of Income Tax – C III, Mumbai..Appellant.
Versus
Alok Industries Limited..Respondent.
Mr.Ms.Padma Divakar for the appellant.None for the respondent.
CORAM : V.C. DAGA &J.P. DEVADHAR, JJ.
DATE : 21ST JULY, 2009
P.C. :
1.The question as framed in this appeal is covered by the judgment of this Court in the case of Director if Income Tax (InternationalTaxation) Vs. NGC Network Asia LLCreported in (2009) 222 CTR (Bom) 86.
2.In the light of that, there is no merit in this appeal. The appeal is dismissed accordingly with no order as to costs.
(J.P. Devadhar, J.)
(V.C. Daga, J.)
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