The Commissioner of Income Tax, Mumbai City-4 v. M/s. Gupta Equities Pvt. Ltd
Case at a glance
Outcome
Dismissed
Accordingly, the appeal is dismissed with no order as to
Key paragraphs
- Para 11. Counsel for the revenue fairly states that the questions raised in this appeal are covered by the decision of the Apex Court in the case of Techno Shares and Stocks Ltd. V/s. Commissioner of Income Tax reported in [2010] 327 I.T.R. 323 (SC) and…
Judgment
Mr. Vimal Gupta i/b. Ram Upadhyay for appellant. None for respondent. CORAM : J.P. DEVADHAR AND MRS. MRIDULA BHATKAR, JJ. DATED : 22ND FEBRUARY, 2011 P.C. :-
#1. Counsel for the revenue fairly states that the questions raised in this appeal are covered by the decision of the Apex Court in the case of Techno Shares and Stocks Ltd. V/s. Commissioner of Income Tax reported in [2010] 327 I.T.R. 323 (SC) and the decision of this Court in Income Tax Appeal (Lod) No.1915 of 2007 [The Commissioner of Income Tax V/s. M/s. Star Chemicals (Bombay) P. Ltd.] decided on 27/2/2008. Accordingly, the appeal is dismissed with no order as to costs. (MRS. MRIDULA BHATKAR, J.) (J.P. DEVADHAR, J.)
Questions this judgment answers
What did the Court decide in this case?
The Court recorded the following disposition: Accordingly, the appeal is dismissed with no order as to
Which court decided this case, and when?
Bombay High Court, on 22 Feb 2011. The bench was ADHAR, MRIDULA BHATKAR, P DEVADHAR.
Precedent status how later indexed judgments have treated this case
No known negative treatment found in the Courts & Cases corpus.
This is a result about the indexed corpus, not a finding that the judgment remains good law. Coverage may be incomplete.