In The Commissioner Of Income Tax v. M/S.shree Ram Mills Limited, the High Court (2009) decided the matter.
Decision: Under these circumstances, the appeal is dismissed for want of substantial question of law.
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
INCOME TAX APPEAL (L) NO.142 OF 2008
The Commissioner of Income Tax..Appellant.
Versus
M/s.Shree Ram Mills Limited..Respondent.
Mr.P.S. Sahadevan for the appellant.Mr.Ajay R. Singh for the respondent.
P.C. :
1.Heard. By consent of both the parties, delay in filing the appeal is condoned. The registry is directed to register the appeal. By consent of both the parties, the appeal is taken up for final hearing.
2.Both parties agree that the issue sought to be raised in this appeal is squarely covered by the Division Bench judgment of this Court in DCIT V/s. Oman International Bank. Under these circumstances, the appeal is dismissed for want of substantial question of law. No costs.
(J.P. Devadhar, J.)
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