In The Commissioner Of Income-Tax - Mumbai v. M/S. Tapadiya Bhosale Associates, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: In this view of the matter, present 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 BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL No. 125 of 2011.
The Commissioner of Income-tax - Mumbai
... Appellant.
Versus
M/s. Tapadiya Bhosale Associates
... Respondent.
Mr Vimal Gupta for the appellant.
CORAM : J.P. Devadhar & A.R. Joshi, JJ.
DATE : 17[th] November,2011.
P.C. :-
Counsel for the Revenue fairly states that the questions raised in this appeal are covered against the Revenue by the decision of this Court in the case
of Commissioner of Income Tax Pune Vs. Brahma Associates reported in 333 ITR 289. In this view of the matter, present appeal is dismissed with no order as to costs.
(A.R.Joshi,J)
(J.P.Devadhar,J.)
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