In The Commissioner Of Income Tax v. M/S.raptakos Brett & Co. Ltd, the High Court (2007) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
ORDINARY ORIGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO.3332 OF 2006
WITH
INCOME TAX APPEAL LODGING NO.1882 OF 2006
The Commissioner of Income Tax....Appellant
Vs.
M/s.Raptakos Brett & Co. Ltd.....Respondent
Mr.R. Ashokan for the Appellant.Mr. Ajay R. Singh for the Respondent
CORAM : F.I. REBELLO&R.S. MOHITE, JJ.DATED : 10TH DECEMBER 2007
P.C.
(R.S.MOHITE, J.)
(F.I.REBELLO, J)
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