In The Commissioner Of Income Tax – Xvi, Mumbai v. M/S.a. Himanshu & Company, the High Court (2013) dismissed the appeal. The decision went in favour of the assessee.
Decision: 2.The Notice of Motion as well as the Review Petition are dismissed as withdrawn with no order as to costs.
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 JURISDICTION
NOTICE OF MOTION NO.629 OF 2010
INREVIEW PETITION (L) NO.14 OF 2010IN
INCOME TAX APPEAL NO.2180 OF 2009
The Commissioner of Income Tax – XVI, Mumbai
Versus
M/s.A. Himanshu & Company
..Appellant.
..Respondent.
Mr.A.R. Malhotra for the appellant.Ms.Vasanti B. Patel for the respondent.
CORAM : J.P. Devadhar &M.S. Sanklecha, JJ. DATE : 16[th] January 2013
P.C. :
1.Mr.Malhotra, learned counsel appearing for the Revenue states that he has instructions to withdraw the Notice of Motion and the Review Petition, in view of the decision of the Apex Court in the case of ACG Associated Capsules Private Limited V/s. Commissioner of Income Tax reported in (2012) 343 ITR 89 (SC).
2.The Notice of Motion as well as the Review Petition are dismissed as withdrawn with no order as to costs.
(M.S. Sanklecha, J.)
(J.P. Devadhar, J.)
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