In The Commissioner Of Income-Tax - Mumbai v. M/S Tata Infotech Ltd, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: For the reasons stated therein, the present appeal is also dismissed with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Ladda
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL (L) No. 1303 of 2011.
The Commissioner of Income-tax - Mumbai
... Appellant.
Versus
M/s Tata Infotech Ltd
... Respondent.
Mr Suresh Kumar for the appellant.Mr F.B. Andhyarujinha, Senior Counsel with Mr S.G.Dalal for the respondent.
CORAM : J.P. Devadhar & A.R. Joshi, JJ.
DATE : 2 December, 2011.
P.C. :-
Counsel for the parties state that the question raised in this appeal is covered against the Revenue by the decision of this Court in the case of CIT vs.
Gem Plus Jewellery India Ltd reported in [2011] 330 ITR 175 (Bom).
For the reasons stated therein, the present appeal is also dismissed with no order as to costs.
(A.R.Joshi,J)
(J.P.Devadhar,J.)
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