In The Commissioner Of Income Tax v. Mr.cosme Menezes & Anr, the High Court (2010) dismissed the appeal. The decision went in favour of the assessee.
Decision: REIS, JJ.-Date:29th October, 2010 For the reasons recorded in the order passed today in TaxAppeal No.26/2002, this appeal is also dismissed, but without any order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF BOMBAY AT GOA
TAX APPEAL NO. 9 OF 2002
THE COMMISSIONER OF INCOME TAX VersusMR.COSME MENEZES & ANR.
... Appellant
... Respondent
Ms. Asha Dessai, Advocate for the appellant. Mr. A.N.S. Nadkarni, Senior Advocate with Mr. S. Singbal, Advocate for the respondent No.1.
P.C.:-
-Coram:D. G. KARNIK &F. M. REIS, JJ.-Date:29th October, 2010
For the reasons recorded in the order passed today in TaxAppeal No.26/2002, this appeal is also dismissed, but without any order as to costs.
D. G. KARNIK, J.
ssm.
F. M. REIS, J.
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