In The Commissioner Of Income Tax v. Syntex Agro Securities Private Limited, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: Hence, the appeal is dismissed with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
AGK
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.789 OF 2009
The Commissioner of Income Tax
..Appellant.
Versus
Syntex Agro Securities Private Limited
..Respondent.
Mr.Vimal Gupta for the appellant.None for the respondent.
CORAM : V.C. DAGA &J.P. DEVADHAR, JJ.
DATE : 16[th] JUNE, 2009
P.C. :
1.Heard. The questions of law sought to be raised in this appeal are covered by the decision of this Court in the case of CIT V/s. WallfortShares & Stock Brokers P. Limitedreported in (2009) 310 ITR 421 We see no substantial question of law arising out of the order of tribunal. Hence, the appeal is dismissed with no order as to costs.
(J.P. Devadhar, J.)(V.C. Daga, J.)
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