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of <h1>Court Rules Partially for Revenue, Partially for Assessee, Citing SC Precedent and Previous HC Decision.</h1> <h3>The West Coast Paper Mills Ltd. Versus Dy. Commissioner of Income Tax</h3> The Bombay HC disposed of the appeal by ruling in favor of the Revenue on the first question of law, referencing a precedent set by the SC. The second ... - The High Court of Bombay ruled on an appeal stating that the first question of law was decided in favor of the Revenue based on a previous Supreme Court case, while the second question was decided in favor of the Assessee based on a previous case in the same court. The appeal was disposed of accordingly.
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