In The Commissioner Of Income Tax v. M/S.ganesh Computronics Pvt.ltd, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: In this view of the matter, appeal stands dismissed for want of substantial question of law with no order as to costs.
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.1164 OF 2009
The Commissioner of Income Tax
Vs.
M/s.Ganesh Computronics Pvt.Ltd.
..Appellant
..Respondent
Mr.Suresh Kumar for appellant.
Mr.K.Shivram a/w. Mr.A.R.Singh for respondent.
CORAM :- V.C.DAGA &
J.P.DEVADHAR,JJ. 11TH AUGUST, 2009
DATE :
P.C.
Learned Counsel for the respondent states that the issue sought to be raised in this appeal is squarely covered by judgment in the case of Mahindra & Mahindra Vs.CIT 261 ITR 501.The learned Counsel appearing on behalf of Revenue could not distinguish the said judgment. In this view of the matter, appeal stands dismissed for want of substantial question of law with no order as to costs.
(J.P.DEVADHAR,J.)
(V.C.DAGA,J.)
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