M.J. EXPORTS PVT. LTD. vs JOINT COMM. OF INCOME TAX and ORS.

2025:BHC-OS:10330-DB k 1/19 402 itxa 407.2003 db os.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.407 OF 2003 M.J. Exports Private Limited a company registered under the Companies Act, 1956 and having its Registered Office at 113, Jolly Maker Chambers No.2, 11th floor, Nariman Point, Mumbai 400 021. ....Appellant Versus 1 The Joint Commissioner of Income Tax Special Range-23 Mumbai, having his office at Aayakar Bhavan, M.K. Marg, Mumbai – 400 020. 2 The Commissioner of Income Tax, Bombay City V, Mumbai, having his address at Aayakar Bhavan, M.K. Marg, Mumbai – 400 020. ....Respondents _________ Mr. Vipul B. Joshi with Ms. Drinkle Hariya and Mr. Prashant Ghumare i/b Mr. Ashok Patil, for the Appellant-Assessee. Mr. Prakash Chhotaray, for Respondent-Revenue. __________ CORAM: ALOK ARADHE, CJ. & SANDEEP V. MARNE, J. RESERVED ON : 03 JULY 2025. PRONOUNCED ON : 09 JULY 2025. k Page No. 1 of 19 k 2/19 402 itxa 407.2003 db os.doc J U D G M E N T : (Per : Sandeep V. Marne, J.) 1. The Assessee has filed the present Appeal under provisions of Section 260A of the Income Tax Act, 1961 (the Act) challenging the judgment and order dated 31