In The Commissioner Of Income Tax v. M/S.novel Consumer Products 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.827 OF 2009
The Commissioner of Income Tax Vs.M/s.Novel Consumer Products Pvt.Ltd.
..Appellant
..Respondent
Mr.Suresh Kumar for appellant.
CORAM :- V.C.DAGA &J.P.DEVADHAR,JJ. 28TH JULY, 2009
DATE :
P.C.
Heard learned Counsel for the appellant.
The Tribunal has exercised his discretion. The exercise of discretion cannot be said to be perverse unless it is established. 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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