The Pr. Commissioner Of Income Tax - 10 v. M/S Hinduja Ventures Ltd.

72-ITXA-283-2016-ITXA-1288-2015.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.283 OF 2016 THE COMMISSIONER OF INCOME TAX-10 )...APPELLANT V/s.

M/S.HINDU VENTURES LTD.

)...RESPONDENT WITH INCOME TAX APPEAL NO.1288 OF 2015 THE PR.COMMISSIONER OF INCOME TAX ) -10 )...APPELLANT V/s.

M/S.HINDU VENTURES LTD.

)...RESPONDENT Mr.Arvind Pinto, Advocate for the Appellant.

Mr.Kamal Sawhney a/w. Mr.Abhishek Tilak, Advocate for the Respondent.

CORAM

:

S.V.GANGAPURWALA & A. M. BADAR, JJ.

DATE :

26th JULY 2017 avk 1/2

72-ITXA-283-2016-ITXA-1288-2015.doc P.C. :

These appeals are pertaining to Assessment Year 20012002 and 2004-2005. The issue relates with the retrospective applicability of Rule 8D of the Income Tax Rules. We have heard the learned counsel for the respective parties. The said issue is covered by the judgment of this court in the case of Godrej & Boyce Mfg. Co. Ltd. vs. Deputy Commissioner of Income Tax reported in 328 ITR 81. In light of the above, no substantial question of law arise and as such, the appeals are dismissed. No costs. (A. M. BADAR, J.) (S.V.GANGAPURWALA, J.) avk 2/2