In The Commissioner Of Income Tax - Iii v. Loknete Balasaheb Desai Sah. Sakhar Karkhana Ltd, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: In this view of the matter, the appeal is dismissed with no order as to costs. [ A.A.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
RMA
IN THE HIGH COURT OF JUDICATURE AT BOMBAYO.O.C.J.
INCOME TAX APPEAL NO. 4236 OF 2010
The Commissioner of Income Tax - III
.. Appellant
Vs
Loknete Balasaheb Desai Sah. Sakhar Karkhana Ltd.. Respondent
Mr. Vimal Gupta for the Appellant
Mr. Mihir Nariwadekar for the Respondent
CORAM : J.P. DEVADHAR &
A.A. SAYED, JJ.
P.C.:
DATE : 13th JULY, 2011.
1. Learned counsel for the parties state that the questions raised in this appeal are covered against the Revenue by the decision in this appeal are covered against the Revenue by the decision
of this Court in the case of Commissioner of Income Tax Vs.
Kisanveer Satara Sahakari Sakhar Karkhana Ltd [Income
Tax Appeal No. 930 of 2008] decided on 30th June 2009.
2. In this view of the matter, the appeal is dismissed with no order
as to costs.
[ A.A. SAYED, J ]
[ J.P. DEVADHAR, J ]
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