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.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO.1814 OF 2007
WITH
INCOME TAX APPEAL LODGING NO.1889 OF 2006
The Commissioner of Income Tax....Appellant
Vs.
M/s.Raptakos Brett & Co. Ltd.....Respondent
Mr.B.M. Chatterji with Mrs. P.P. Bhosale for theAppellant.Mr. Sanjiv Shah 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)
REBELLO, J)
(F.I.
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