In The Commissioner Of Income Tax v. M/S.usv Ltd, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: In this view of the matter, the above appeal stands dismissed.
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 BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.710 OF 2009
The Commissioner of Income Tax Vs.M/s.USV Ltd.
..Appellant
..Respondent
Mr.J.S.Saluja for appellant.None for respondent.
P.C.
CORAM :- V.C.DAGA &J.P.DEVADHAR,JJ. 11[th] June,2009
DATE :
Heard learned Counsel for the Revenue.
The issue sought to be raised in the present appeal is squarely covered by the judgment of this Court in the case of Sudarshan Chemicals Industries Ltd. reported in245 ITR 769,as referred in the order of the Tribunal. In this view of the matter, the above appeal stands dismissed. No order as to costs.
(J.P.DEVADHAR,J.)
(V.C.DAGA,J.)
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