In The Commissioner Of Income Tax v. Rakhee Muzumdar, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: In this view of the matter, the Appeal stands dismissed for want of substantial question of law with no order as to costs.
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 BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.992 OF 2009
The Commissioner of Income Tax
Vs.
Rakhee Muzumdar
..Appellant
..Respondent
Mr.Suresh Kumar for appellant.
CORAM :- V.C.DAGA &J.P.DEVADHAR,JJ. 1ST JULY, 2009
DATE :
P.C.
Learned Counsel for the appellant fairly states that the issue sought to be raised in this appeal is covered by the judgment of this Court in the case of Commissioner of Income Tax Vs. Wallfort Shares and Stock Brokers Pvt.Ltd. inIncome Tax Appeal No.18 of 2008 decided on 8th August, 2008. In this view of the matter, the Appeal stands dismissed for want of substantial question of law with no order as to costs.
(J.P.DEVADHAR,J.)
(V.C.DAGA,J.)
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