In The Income Tax Commissioner Central -I v. M/S Ipca Laboratories Ltd, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: For the reasons stated therein, the present appeal is also dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 4138 OF 2009
The Income Tax Commissioner Central -I...Appellant.Vs.
M/s Ipca Laboratories Ltd...Respondent
Ms. Anamika Malhotra for the Appellant.Mr. F.V. Irani with Atul K. Jasani for the Respondent.
CORAM : J.P. DEVADHAR AND A.A. SAYED, JJ.
DATE : 2ND AUGUST, 2011.
P.C.
1.Learned Counsel for the parties state that the questions raised in this appeal are covered against the Revenue in the assessee's own case being Tax Appeal No.3930 of 2009 decided by this Court on 1st February, 2011. For the reasons stated therein, the present appeal is also dismissed.
( A.A. SAYED, J. )
( J.P. DEVADHAR , J.)
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