In The Commissioner Of Income Tax v. M/S.cyril Traders Private Limited, the High Court (2009) decided the matter.
Decision: The appeal is therefore dismissed with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.386 OF 2009
The Commissioner of Income Tax..Appellant.
Versus
M/s.Cyril Traders Private Limited..Respondent.
Mr.P.S. Sahadevan for the appellant.Mr.J.D. Mistry with Mr.P.C. Tripathi and Mr.Raj Darak for the respondent.
P.C. :
1.Heard learned counsel for the revenue. He fairly states that both the issues sought to be raised in this appeal are squarely covered by the Division Bench judgment of this Court in CIT V/s. Akshay TextilesTrading in Income Tax Appeal No.607 of 2005 delivered on--17102007.
2.In this view of the matter, no substantial question of law is involved in this appeal. The appeal is therefore dismissed with no order as to costs.
(J.P. Devadhar, 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