V.c.daga J v. Law

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 382 OF 2009 The Commissioner of Income-tax-2,Mumbai.V/s.M/s.Tata Sons Ltd. ... Appellant. ... Respondent. Vimal Gupta with P.S.Sahadevan for the appellant. Dinesh Vyas, senior counsel with Ajit Shah andP.C.Tripathi for the respondent. CORAM : V.C.DAGA AND J.P.DEVADHAR, JJ. DATED : 20th April 2009. P.C. : ---- .parties. Perused appeal. Heard learned counsel for the rival 2.By this appeal, the following question of law are sought to be raised by the appellant- Revenue: "(A) Whether on the facts and in the circumstances of the case and law, theI.T.A.T. is right in directing the A.O.to tax the dividend income on net basis? 2.The learned counsel for the assessee hasbrought to our notice that the aforesaid question covered by judgment of this Court in C.I.T. Ambalal , Kilachand(1995) 81 Taxman 435 (Bom). this view of the matter no substantial question of is involved in this appeal. Appeal is dismissed in limine with no order as to costs. (J.P.DEVADHAR, J.) (V.C.DAGA J.) is v. In law