In The Commissioner Of Income Tax – I, Pune v. Corrugated Box Industries (I) Private Limited, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: 2.In this view of the matter, the present appeal is also dismissed with no order as to costs.
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 NO.5354 OF 2010
The Commissioner of Income Tax – I, Pune..Appellant.
Versus
Corrugated Box Industries (I) Private Limited..Respondent.
Mr.Vimal Gupta for the appellant.
CORAM : J.P. Devadhar & K.K. Tated, JJ.
P.C. :
DATE : 30[th] August, 2011.
1.Counsel for the Revenue fairly states that the questions of law raised in this appeal are covered against the Revenue by the decision of this Court in Income Tax Appeal No.1557 of 2007 (CIT V/s. M/s.Castle Investment & Inds. P. Limited decided on 22[nd] July 2009 and Income Tax Appeal (L) No.2967 of 2009 (CIT V/s. M/s.Nirupala Traders Private Limited) decided on 6[th] May 2010.
2.In this view of the matter, the present appeal is also dismissed with no order as to costs.
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