In The Commissioner Of Income Tax v. Gulita Securities Ltd, the High Court (2009) allowed the appeal. The decision went in favour of the Revenue.
Decision: 15[th] June,2009 DATE : On the motion made by learned counsel for the appellant, the appeal is allowed to be withdrawn with a liberty to adopt appropriate proceeding before appropriate forum.
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. 420 OF 2008
The Commissioner of Income Tax Vs.Gulita Securities Ltd.
..Appellant..Respondent
Mr.P.S. Sahadevan for the Appellant.Mr. S.S. Shetty for the Respondent.
P.C.
CORAM :- V.C.DAGA &J.P. DEVADHAR ,JJ. 15[th] June,2009
DATE :
On the motion made by learned counsel for the appellant, the appeal is allowed to be withdrawn with a liberty to adopt appropriate proceeding before appropriate forum. All contentions on merit are kept open. No order as to costs.
(J.P. DEVADHAR, J.)
(V.C.DAGA,J.)
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