In The Commissioner Of Income Tax v. Bhilosa Tex N Twist Pvt. Ltd, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: In this view of the matter, appeal stands dismissed for want of substantial question of law with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL (L)NO.1910 OF 2009
The Commissioner of Income Tax Vs.
Bhilosa Tex N Twist Pvt. Ltd.
..Appellant
..Respondent
Mr.P.S.Sahadevan i/b.Mr.Vimal Gupta for appellant.
Mr.Jas Sanghvi i/b. PDS Legal for respondent.
CORAM :- V.C.DAGA &
J.P.DEVADHAR,JJ. 11TH AUGUST, 2009
DATE :
P.C.
Learned Counsel for the appellant fairly states that the question of law involved in the present appeal is squarely covered by the judgment of this Court in the Case of Commissioner of Income Tax Vs. Emptee Poly Yarn (P) Ltd. (2008) 305ITR 309. In this view of the matter, appeal stands dismissed for want of substantial question of law with no order as to costs.
(J.P.DEVADHAR,J.)
(V.C.DAGA,J.)
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