The Commissioner Of Income Tax v. M/S.texport Syndicate

1 bgp IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL (L) NO.1614 OF 2010 The Commissioner of Income Tax Vs. M/s.Texport Syndicate ..Appellant ..Respondent Mr.Suresh Kumar for appellant.Mr.S.J.Mehta for respondent. P.C. CORAM :- V.C.DAGA & R.M.SAVANT,JJ. DATE :- 23RD AUGUST,2010 Heard. Perused appeals. The issues involved in the present appeal are squarely covered by the judgment of this Court in the case of The Commissioner of Income Tax Vs.Kalpataru Colours and Chemicals in ITXA (L) 2887 OF 2009 decided on 28/29June,2010 (unreported). For the reasons recorded in the said judgment, we remand the matter back to the Assessing Officer with direction to pass fresh order having due regard to the questions of law which have been determined in this appeal. The Assessing Officer shall dispose of the matter as expeditiously as possible following principles of natural justice in accordance with law. The appeal stands disposed of in terms of this order. No order as to costs. (R.M.SAVANT,J.)