In The Commissioner Of Income Tax v. M/S.kaushal Finvest P. Limited, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
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.
AGK
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.666 OF 2009
The Commissioner of Income Tax
..Appellant.
Versus
M/s.Kaushal Finvest P. Limited
..Respondent.
Mr.P.S. Sahadevan for the appellant.Mr.Ajay Singh for the respondent.
CORAM : V.C. DAGA &J.P. DEVADHAR, JJ.
DATE : 16[th] JUNE, 2009
P.C. :
1.Heard learned counsel for the revenue. We see no substantial
questions of law arising out of the order of the tribunal. The view taken by the tribunal is a reasonable and possible view. No error could be found with the order of the tribunal. The appeal is, therefore, dismissed with no order as to costs.
(J.P. Devadhar, J.)(V.C. Daga, J.)
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