In The Commissioner Of Income Tax v. M/S Regency Exports P Ltd, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: In this view of the matter, the appeal stands dismissed with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
srk
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL (L) NO. 193 OF 2008
The Commissioner of Income Tax,..AppellantVs.M/s Regency Exports P Ltd. ..Respondent
..Respondent
Mr. Vimal Gupta a/w Mr. P.S. Sahadevan for the Appellant.
Mr. Atul K. Jasani for the Respondent.
P.C.
CORAM :- V.C.DAGA &
J.P. DEVADHAR ,JJ.
15[th] June,2009
DATE :
Heard learned counsel for the Parties. The appeals for the assessment years 1997-98 and 1998-99 involving same question of law has already been answered in favour of the assessee. In this view of the matter, the appeal stands dismissed with no order as to costs. However, rival contentions of the parties are kept open for being decided in appropriate matter before appropriate forum.
(J.P. DEVADHAR, J.)
(V.C.DAGA,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