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The Commissioner Of Income Tax, Central I, Mumbai v. Asha Clearing Agency P. Limited

High Court 05 Jul 2011 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax, Central I, Mumbai v. Asha Clearing Agency P. Limited
Date of order
05 Jul 2011
Assessment year(s)
Outcome
Dismissed

Case summary

In The Commissioner Of Income Tax, Central I, Mumbai v. Asha Clearing Agency P. Limited, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.

Decision: 2.In this view of the matter, the appeal is 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.1216 OF 2010 The Commissioner of Income Tax, Central I, Mumbai..Appellant. Versus Asha Clearing Agency P. Limited..Respondent. Mr.Suresh Kumar for the appellant.Mr.Ashok M. Kotangale for the respondent. CORAM : J.P. Devadhar & A.A. Sayed, JJ. P.C. : DATE : 5[th] July, 2011. 1.Counsel for the parties state that the question raised in this appeal is already answered in favour of the assessee and against the Revenue by the decision of this Court in the case of CIT V/s.Mrs. Sandhya P. Naik reported in (2002) 253 ITR 534 (Bom). 2.In this view of the matter, the appeal is dismissed with no order as to costs. (A.A. Sayed, J.)(J.P. Devadhar, J.)
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