The Commissioner Of Income Tax v. M/S.jindal Iron And Steel Co.ltd
High Court
08 Sep 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax v. M/S.jindal Iron And Steel Co.ltd
Date of order
08 Sep 2009
Assessment year(s)
—
Outcome
Dismissed
Case summary
In The Commissioner Of Income Tax v. M/S.jindal Iron And Steel Co.ltd, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: Since no material is available on record to take contrary view, the 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.
The order — as passed by the High Court
bgp
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.861 OF 2009
The Commissioner of Income Tax
Vs.
M/s.Jindal Iron and Steel Co.Ltd.
..Appellant
..Respondent
Mr.J.S.Saluja for appellant.
Mr.P.J.Pardiwalla, Senior Advocate with Mr.A.K.Jasani for respondent.
CORAM :- V.C.DAGA &
J.P.DEVADHAR,JJ. 8TH SEPTEMBER, 2009
DATE :
P.C.
1.Heard learned Counsel for the parties.
2.So far as first question is concerned, the Tribunal has relied upon the decision of the Apex Court in the case of Tuticorian Alkali Chemicals and Fertilizers Vs. CIT227 ITR 172 (SC) and so far as second question is concerned, the Tribunal has relied upon its own judgment in the case of Chicago Pneumatic India Ltd. Vs. DCIT (2007)15 SOT 252 (Mum). The said judgment appears to have been accepted by the Revenue. Since no material is available on record to take contrary view, the appeal stands dismissed for want of substantial question of law with no order as to costs.
(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