Case LawHigh Court › Ita/122/2016 Of The Principal Commission...

Ita/122/2016 Of The Principal Commissioner Of Income Tax v. M/S. Pescinde

High Court 04 Oct 2018 In favour of: Unclear
Forum / Bench
High Court · highcourtofkerala
Parties
Ita/122/2016 Of The Principal Commissioner Of Income Tax v. M/S. Pescinde
Date of order
04 Oct 2018
Assessment year(s)
Outcome
Other

Case summary

In Ita/122/2016 Of The Principal Commissioner Of Income Tax v. M/S. Pescinde, the High Court (2018) decided the matter.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

IN THE HIGH COURT OF KERALA AT ERNAKULAMPRESENT THE HONOURABLE MR.JUSTICE K.VINOD CHANDRAN & THE HONOURABLE MR. JUSTICE ASHOK MENON THURSDAY ,THE 04TH DAY OF OCTOBER 2018 / 12TH ASWINA, 1940 ITA.No. 122 of 2016 AGAINST THE ORDER/JUDGMENT IN ITA 542/2015 ofI.T.A.TRIBUNAL,COCHIN BENCH DATED 24-05-2016 APPELLANT/S: THE PRINCIPAL COMMISSIONER OF INCOME TAXKOCHI -2 BY ADVS.SRI.CHRISTOPHER ABRAHAM, INCOME TAX DEPARTMENTSRI.K.M.V.PANDALAI INCOME TAX DEPARTMENTSRI JOSE JOSEPH SC, GOI (TAX) RESPONDENT/S: M/S. PESCINDE G-130,1ST FLOOR,PANAMPILLY NAGAR, KOCHI - 682036 BY ADV. SRI.SAJI VARGHESE OTHER PRESENT: THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON 04.10.2018, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: JUDGMENT Vinod Chandran, J. The learned Standing Counsel, Government of India(Taxes) submits, on instructions, that the Revenue may bepermitted to withdraw the appeal on the basis of thelitigation policy framed by the Central Board of DirectTaxes. Hence, the appeal is permitted to be withdrawn,leaving open the questions of law. Sd/-K.VINOD CHANDRANJUDGE Sd/-ASHOK MENONJUDGE
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