In The Commissioner Of Income – Tax v. Jayvant Industries Limited, the High Court (2010) dismissed the appeal. The decision went in favour of the assessee.
Decision: Accordingly, on the basis of the statement made by the learned counsel for the Revenue, the 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.667 OF 2010
The Commissioner of Income – Tax
Versus
Jayvant Industries Limited
..Appellant.
..Respondent.
Mr.P.S. Sahadevan i/by Ms.Anamika Malhotra for the appellant.Mr.Atul K. Jasani for the respondent.
CORAM : J.P. Devadhar &
R.M. Savant, JJ.
P.C. :
DATE : 14[th] December, 2010.
1.Mr.Sahadevan, the learned counsel for the Revenue states that in view of the concurrent finding of fact given by the authorities below, the appeal is liable to be dismissed. Accordingly, on the basis of the statement made by the learned counsel for the Revenue, the appeal is dismissed with no order as to costs.
(R.M. Savant, J.)
(J.P. Devadhar, J.)
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.
EaseValue