Court Affirms Income Tax Deduction on Excise Duty Claim, Rejects Double Deduction Claim: Bombay High Court
Mumbai, February 2, 2024: In a significant verdict, the Bombay High Court, presided over by Justice K. R. Shriram and Dr. Neela Gokhale, resolved Income Tax Appeal (IT) No. 148 of 2003 and Income Tax Appeal (IT) No. 103 of 2003 in favor of M/s. Johnson and Johnson Ltd. against the Deputy Commissioner of Income Tax, Special Range-23, Mumbai. Case Overview: The appeals were against a common order by the…
