In The Commissioner Of Income Tax v. M/S.akul Ivestmets Ltd, the High Court (2008) allowed the appeal. The decision went in favour of the Revenue.
Decision: The Appeal is allowed to be withdrawn and dismissed as such.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
bgp
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.878 OF 2007
The Commissioner of Income Tax,
..Appellant
Vs.M/s.Akul Ivestmets Ltd.
..Respondent
Mr.Asokan for the Appellant.None for the Respondent.
CORAM :- DR.S.RADHAKRISHNAN &S.J.KATHAWALLA, JJ.
DATE : 18TH JULY, 2008
P.C.
.Heard the learned Counsel for the Appellant.
squarely covered against the Revenue in Income Tax
Appeal No.949/2007 decided on 17th July,2008.
The Appeal is allowed to be withdrawn and dismissed as
such.
(S.J.KATHAWALLA,J.) (DR.S.RADHAKRISHNAN,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.