In The Commissioner Of Income Tax v. Universal Cine Traders Pvt.ltd, the High Court (2007) allowed the appeal. The decision went in favour of the Revenue.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTIONINCOME TAX APPLICATION NO.364 OF 1999.
The Commissioner of Income Tax..ApplicantVs.Universal Cine Traders Pvt.Ltd...Respondent
Mr.Ashok Kotangale, A.G.P. for the Applicant.Mr.Kunjal Sanghavi i/b. K.R.Parikh & Co. for theRespondent.
P.C.
CORAM :- DR.S.RADHAKRISHNAN &V.C.DAGA, JJ.DATE : 16TH APRIL, 2007
1.Heard the learned Counsel for the parties.The learned Counsel for the Applicant seeks leave withdraw the above Application. The Application isallowed to be withdrawn and dismissed as such.
(V.C.DAGA,J.)
(DR.S.RADHAKRISHNAN,J.)
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue