In The Commissioner Of Income-Tax v. M/S.yerrowda Investment Ltd, the High Court (2007) dismissed the appeal. The decision went in favour of the assessee.
Decision: Hence, all the appeals are dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
1
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICITON
INCOME TAX APPEAL NO.648 OF 2004
WITH
INCOME TAX APPEAL NO.649 OF 2004
WITH
INCOME TAX APPEAL NO.635 OF 2004
The Commissioner of Income-tax .. Appellant.
Versus
M/s.Yerrowda Investment Ltd. .. Respondent.
Mr.Ashok Kotangale for the appellant.
Mr.R. Murlidhar with Mr.A.K. Jasani for the
respondent.
CORAM : F.I. REBELLO &
J.P. DEVADHAR, JJ.
DATED : 7TH AUGUST, 2007.
P.C. :
1. In view of the judgment of this Court in the
case of C.I.T. V/s. J.K. Investors (Bombay)
Limited reported in 248 I.T.R. 723, the question of
law as framed would not arise.
2. Hence, all the appeals are dismissed.
(F.I. REBELLO, J.)
(J.P. DEVADHAR, J.)
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