In The Commissioner Of Income Tax v. M/S.asian Distributors Ltd, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.
Decision: Commissioner of Income Tax 260 ITR 491 Bom. .In view thereof, the Appeal stands dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.992 OF 2000
The Commissioner of Income Tax,
..Appellant
Vs.
M/s.Asian Distributors Ltd.
..Respondent
Mr.P.S.Sahadevan for the Appellant.None the Respondent.
CORAM :- DR.S.RADHAKRISHNAN &S.J.KATHAWALLA, JJ.
DATE : 18TH JULY, 2008
P.C.
.Heard the learned Counsel for the Appellant.
The learned Counsel for the Appellant states that thequestion of law raised in the above is squarelycovered against the Revenue and in favour of the
Assessee in the case of Chaturbhuj Dwarkadas Kapadia
Vs. Commissioner of Income Tax 260 ITR 491 Bom.
.In view thereof, the Appeal stands dismissed.
(S.J.KATHAWALLA,J.) (DR.S.RADHAKRISHNAN,J.)
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