In Wp/2831/2004 Of M/S. Dinal Diamonds v. Commissioner Of Income-Tax, the High Court (2004) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
O.O.C.J.
WRIT PETITION NO.2831 OF 2004
M/s. Dinal Diamonds
v/s.
Commissioner of Income-tax XVI,Mumbai & ors.
.. Petitioner
.. Respondents
Ms.Arati Vissanji with Mr.S.J. Mehta forpetitioner.
Mr.B.M.Chatterjee with Mr.R.Asokan for respondents.
CORAM: R.M.LODHA ANDJ.P.DEVADHAR, JJ.
DATED:22ndNovember, 2004
P.C.
Heard.
2. Rule. Returnable forthwith.
3. The advocate on record for the revenue waives
service.
4. Rule is treated on board for final hearing at
this stage.
We are of the view that the matter requires
reconsideration by the Commissioner.
under section 80HHC (2)(a) in accordance with law.
7. Rule is made absolute in the aforesaid terms.No costs.
(R.M.LODHA,J.)
(J.P. DEVADHAR, J.)
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