In The Commissioner Of Income Tax v. M/S.nedlloyd (I) Pvt.ltd, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: In this view of the matter, 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.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.2157 OF 2009
The Commissioner of Income Tax
Vs.
M/s.Nedlloyd (I) Pvt.Ltd.
..Appellant
..Respondent
Mrs.Padma Divakar & Mr.Suresh Kumar for appellant.Mr.J.D.Mistry i/b. Cr.Baley & Co. for respondent.
P.C.
1.Heard.
Perused appeal.
CORAM :- V.C.DAGA &
J.P.DEVADHAR,JJ. 1ST DECEMBER,2009
DATE :
2.Learned Counsel for both the parties fairly state that the first question in the appeal was involved in the appeals pertaining to A.Y.1996-97 and 1997-98 and for both these years, the appeals have been dismissed and so far as second question is concerned the same was squarely covered by the judgment of this Court in the case of thCIT Vs. M/s.Bajaj Hindustan Ltd. in ITXA No.198/2009 decided on 15 April, 2009. In this view of the matter, 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.)
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