The Commissioner Of Income Tax, Central – I, Mumbai v. M/S.jindal Drugs Limited

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL (L) NO.1617 OF 2010 The Commissioner of Income Tax, Central – I, Mumbai Versus M/s.Jindal Drugs Limited ..Appellant. ..Respondent. Ms.Padma Divakar for the appellant. Mr.J.D. Mistry, Senior Advocate with Mr.Amit Mehta i/by Mahimtura & Co. for the respondent. CORAM : Dr.D.Y. Chandrachud & J.P. Devadhar, JJ. P.C. : DATE : 6 August, 2010. 1.Both the learned Counsel appearing on behalf of the assessee and the learned Counsel appearing on behalf of the assessee state that the issues in the Appeal are covered by the judgment of this Court delivered on 29 June 2010 in Commissioner of Income Tax Vs. Kalpataru Colours and Chemicals [Income Tax Appeal (L) No.2887 of 2009], 2.In the circumstances, this appeal is disposed of, on the request of Counsel for the Revenue and the assessee, by directing the Assessing Officer to dispose of the proceedings in accordance with law and, while passing fresh orders to have due regard to the judgment of this Court in the case of Kalpataru Colours and Chemicals (supra). 3.The appeal is accordingly disposed of. There shall be no order as to costs. All rival contentions of the both parties are kept open. (J.P. Devadhar, J.)