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M/S. Gujarat Agrochem P. Ltd, Mumbai vs Acit Rg 9(3)(2), Mumbai on 11 June, 2019

3. At the time of hearing of the instant appeal the Ld. Advocate appearing for the assessee submitted before us that the case is squarely covered by the Hon'ble Jurisdictional High Court in the case of PCIT vs. M/s. Thakkar Govindbhai Ganpatlal-HUF reported in Tax Appeal No. 881 of 2019 in case of an identical issue. Further that the issue is already been settled in favour of the assessee by the Ld. Tribunal of Mumbai Bench in ITA No. 2224/Mum/2019 for A.Y. 2014-15 in the case of M/s. Gujarat Agrochem Pvt. Ltd. vs. ACIT.
Income Tax Appellate Tribunal - Mumbai Cites 7 - Cited by 1 - Full Document
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