The Commissioner Of Income Tax, Central-I, Mumbai v. M/S. Birla Global Finance Ltd
High Court
05 Aug 2008 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax, Central-I, Mumbai v. M/S. Birla Global Finance Ltd
Date of order
05 Aug 2008
Assessment year(s)
—
Outcome
Dismissed
Case summary
In The Commissioner Of Income Tax, Central-I, Mumbai v. M/S. Birla Global Finance Ltd, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.
Decision: Following the same, appeal is 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 BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 223 OF 2007
The Commissioner of Income Tax,Central-I, Mumbai.. .........Appellant. VersusM/s. Birla Global Finance Ltd. ..........Respondent.
M/s. Birla Global Finance Ltd.
Mr. Vimal Gupta for the Appellant.
Mr. Atul Jasani with Mr. P.C.Tripathi for the Respondent.
P.C.:
CORAM :BILAL NAZKIandA. A. KUMBHAKONI, JJ.DATED :5TH AUGUST, 2008.
It is submitted by the learned Counsel for the parties that the questionsframed in this appeal as substantial questions of law are covered by thejudgments of this Court reported in 259 ITR page 312 (Bombay) and also in259 ITR page 295 (Bombay) and both the judgments have been approvedby the Supreme Court in the case reported in [2007] 295 ITR 193 (SC)against the Department. Following the same, appeal is dismissed.
Sd/-
(BILAL NAZKI, J.)
Sd/-
(A. A. KUMBHAKONI, J.)
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