In The Commissioner Of Income Tax v. M/S. National Rayon Co. Ltd, the High Court (2008) allowed the appeal. The decision went in favour of the Revenue.
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.264 OF 2005
The Commissioner of Income Tax.
..Appellant.
Vs.
M/s. National Rayon Co. Ltd.
..Respondent.
Mr. B.M.Chatterji with Ms.P.P. Bhosale and Mr. P.S.Sahadevan for the Appellant.
CORAM : F.I. REBELLO &DATED : 24th March,2008.
R.S. MOHITE, JJ.
PC :
law as framed would not arise and consequently the
appeal dismissed.
(R.S. MOHITE, J.)
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