In The Commissioner Of Income Tax – Iv, Mumbai v. M/S.kaishar Interiors Private Limited, the High Court (2010) dismissed the appeal. The decision went in favour of the assessee.
Decision: 2.In this view of the matter, the appeal is 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.1563 OF 2010
The Commissioner of Income Tax – IV, Mumbai..Appellant.
Versus
M/s.Kaishar Interiors Private Limited..Respondent.
Ms.Padma Divakar for the appellant.Mr.V.S. Hadade for the respondent.
CORAM : J.P. Devadhar & R.M. Savant, JJ.
P.C. :
DATE : 21[st] December, 2010.
1.Counsel for the Revenue fairly states that the issue sought to be
raised in this appeal is covered by the Division Bench judgment of this Court in the case of Director of Income Tax (International Taxation) V/s. Oman
International Bank reported in (2009) 313 ITR 218 (Bom).
2.In this view of the matter, the appeal is dismissed with no order as to costs.
(R.M. Savant, J.)
(J.P. Devadhar, J.)
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