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The Commissioner Of Income Tax -Central I, Mumbai v. M/S. Safmarine India Pvt. Ltd

High Court 04 Jan 2010 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax -Central I, Mumbai v. M/S. Safmarine India Pvt. Ltd
Date of order
04 Jan 2010
Assessment year(s)
2002-03
Outcome
Dismissed

Case summary

In The Commissioner Of Income Tax -Central I, Mumbai v. M/S. Safmarine India Pvt. Ltd, 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 BOMBAY O. O. C. J. INCOME TAX APPEAL NO.2241 OF 2009 The Commissioner of Income Tax -Central I, Mumbai..Appellant. Vs. M/s. Safmarine India Pvt. Ltd...Respondent. .... Mr. Suresh Kumar i/b Ms Anamika Malhotra for the Appellant.Mr. Niraj Sheth i/b MTNT & Conferes for the Respondent. .... CORAM:DR. D.Y. CHANDRACHUD, & J.P.DEVADHAR, JJ. 4th January, 2010. P.C.: Counsel appearing on behalf of the Revenue and counsel appearing on behalf of the assessee state before the Court that the Tribunal has relied upon its earlier judgments pertaining to the Assessment Year 2002-03 and in the course of the block assessment in paragraph 3 of the judgment. The attention of the Court has been drawn to the fact that against the decision of the Tribunal for Assessment Year 2002-03 the appeal of the Revenue was dismissed on 10th November, 2009 by a Division Bench of this Court (Income Tax Appeal 2107 of 2009) and the appeal arising out of the block assessment was dismissed by a Division Bench on 28th January, 2009 (Income Tax Appeal 1311 of 2008). In these circumstances, no substantial question of law arises. The appeal shall stand dismissed. (DR.D.Y.CHANDRACHUD, J.) (J.P.DEVADHAR, J.)
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