In The Commissioner Of Income-Tax-Ii v. Menon Pistons Limited, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: For the reasons stated therein, the appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.6632 OF 2010
The Commissioner of Income-Tax-II ....Appellant Kolhapur.
Vs.
Menon Pistons Limited
....Respondent
Mr. Vimal Gupta, Advocate for Appellant.Mr. Mihir Naniwadekar, Advocates for respondent.
CORAM : J.P. DEVADHAR ANDSMT. R.P. SONDURBALDOTA, JJ.
DATE : 30TH JUNE, 2011.
P.C.
Counsel for the parties state that similar questions raised in the assesse s own case being Tax Appeal No.821 of 2010 have been answered’in favour of the assessee and against the revenue. For the reasons stated therein, the appeal is dismissed.
( SMT. R.P. SONDURBALDOTA, J. )
(J.P. DEVADHAR, J.)
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