The Commissioner Of Income Tax, Central – Ii, Mumbai v. M/S.jagatguru Investment & Trading Co. P. Ltd., Mumbai
High Court
08 Jul 2009 In favour of: Unclear
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax, Central – Ii, Mumbai v. M/S.jagatguru Investment & Trading Co. P. Ltd., Mumbai
Date of order
08 Jul 2009
Assessment year(s)
—
Outcome
Other
Case summary
In The Commissioner Of Income Tax, Central – Ii, Mumbai v. M/S.jagatguru Investment & Trading Co. P. Ltd., Mumbai, the High Court (2009) decided the matter.
Decision: 3.The appeal is thus disposed of 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 (L) NO.3675 OF 2008
The Commissioner of Income Tax, Central – II, Mumbai
..Appellant.
Versus
M/s.Jagatguru Investment & Trading Co. P. Ltd., Mumbai
..Respondents.
Mr.P.S. Sahadevan for the appellant.Ms.Aasifa Khan for the respondent.
CORAM : V.C. DAGA &J.P. DEVADHAR, JJ.
DATE : 8TH JULY, 2009
P.C. :
1.Heard learned counsel for the revenue and the learned counsel appearing for the respondent-assessee.
2.Both parties agree that the impugned order be set aside and the matter be remanded back to the Tribunal with a direction to consider the Judgment of the Apex Court in the case of CIT V/s. Gold Coin Health FoodPrivate Limitedreported in 304 ITR 308 (S.C.). Accordingly, the Tribunal is directed to rehear the appeal and decide the same in the light of the Apex Court judgment.
3.The appeal is thus disposed of with no order as to costs.
(J.P. Devadhar, J.)
(V.C. Daga, J.)
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