Case LawHigh Court › The Commissioner Of Income Tax v. I.t.r

The Commissioner Of Income Tax v. I.t.r

High Court 27 Feb 2007 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax v. I.t.r
Date of order
27 Feb 2007
Assessment year(s)
Outcome
Dismissed

Case summary

In The Commissioner Of Income Tax v. I.t.r, the High Court (2007) dismissed the appeal. The decision went in favour of the assessee.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTIONINCOME TAX APPEAL (L) NO.640 OF 2003 The Commissioner of Income TAx Vs.The Industrial Credit & InvestmentCorporation of IndiaMr.P.S.Sahadevaa for the Appellant.Mr.S.J.Mehta i/b.S.P.Mehta for the Respondent. ..Appellant ..Respondent P.C. CORAM :- DR.S.RADHAKRISHNAN &J.P.DEVADHAR,JJ.DATE : 27TH FEBRUARY,2007 1.Heard the learned Counsel for the parties.The learned Counsel for the Appellant fairly statesthat the issue raised in the above Appeal is squarelycovered in favour of the Assessee by the Hon’bleSupreme Court in the case of Sandvik Asia Ltd. Vs.Commissioner of Income Tax & Ors. (2006) 280 I.T.R.643 (S.C.). In view thereof, the Appeal standsdismissed. Vs. I.T.R. (J.P.DEVADHAR,J.) (DR.S.RADHAKRISHNAN,J.) (DR.S.RADHAKRISHNAN,J.) (DR.S.RADHAKRISHNAN,J.)
Facing a similar income-tax issue?
Our CA-led litigation team handles notices, scrutiny, penalties and appeals (CIT(A) & ITAT) end-to-end.
✅ File an income-tax appeal (CIT(A)/ITAT) → 💬 Ask our CA
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation. Full disclaimer & Terms.
Contact Careers Media / Press · Privacy Terms Refund Cancellation Cookies Disclaimer
© 2026 EaseValue Advisors LLP · LLPIN ACN-4920 · Jaipur, Rajasthan