In The Commissioner Of Income Tax, City Iv v. Ion Exchange (India) Limited, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeals are dismissed as withdrawn.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL (L) NO.537 OF 2008
AND
INCOME TAX APPEAL (L) NO.538 OF 2008
The Commissioner of Income Tax, City IV
..Appellant.
Versus
Ion Exchange (India) Limited
..Respondent.
Mr.P.S. Sahadevan for the appellant.
None for the respondent.
CORAM : V.C. DAGA &J.P. DEVADHAR, JJ.
DATE : 16[th] JUNE, 2009
P.C. :
1.Since the tax effect in both these appeals is less than Rs.4 lakhs, learned counsel for the appellant seeks liberty to withdraw both the appeals. The appeals are dismissed as withdrawn. Refund of Court fee as per rules.
(J.P. Devadhar, J.)(V.C. Daga, J.)
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