In The Commissioner Of Income-Tax-Ix v. M/S.citicorp Secutiries & Invest, the High Court (2007) dismissed the appeal. The decision went in favour of the assessee.
Decision: Hence, the appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
1
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICITON
INCOME TAX APPEAL (L) NO.1545 OF 2004
The Commissioner of Income-tax-IX .. Appellant.
Versus
M/s.Citicorp Secutiries & Invest-
ments Limited .. Respondent.
Mr.Ashok Kotangale for the appellant.
Mr.A.K. Jasani i/by Kanga & Co. for the respondent.
CORAM : F.I. REBELLO &
J.P. DEVADHAR, JJ.
DATED : 7TH AUGUST, 2007.
P.C. :
1. In view of the judgment of this Court in the
case of Sandvik Asia reported in 290 I.T.R. 667,
the question of law as framed would not arise.
2. Hence, the appeal is dismissed.
(F.I. REBELLO, J.)
(J.P. DEVADHAR, J.)
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