Ita/124/2016 Of The Principal, Commissioner Of Income Tax v. M/S Platino Classic Motors India Pvt Ltd
High Court
04 Oct 2018 In favour of: Unclear
Forum / Bench
High Court · highcourtofkerala
Parties
Ita/124/2016 Of The Principal, Commissioner Of Income Tax v. M/S Platino Classic Motors India Pvt Ltd
Date of order
04 Oct 2018
Assessment year(s)
2010-11
Outcome
Other
Case summary
In Ita/124/2016 Of The Principal, Commissioner Of Income Tax v. M/S Platino Classic Motors India Pvt Ltd, 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 ERNAKULAM
PRESENT
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. 124 of 2016
AGAINST THE ORDER/JUDGMENT IN ITA 315/2015 ofI.T.A.TRIBUNAL,COCHIN BENCH DATED 19-05-2016
APPELLANT/S:
THE PRINCIPAL, COMMISSIONER OF INCOME TAX,KOCHI-1,KOCHI,INCOME TAX OFFICES, CENTRAL REVENUE BUILDING, I.S. PRESS ROAD, KOCHI-682018.
BY ADVS.SRI.P.K.R.MENON,SENIOR COUNSEL, GOI(TAXES)SRI.JOSE JOSEPH SC FOR INCOME TAX
RESPONDENT/S:
M/S PLATINO CLASSIC MOTORS INDIA PVT LTDII/6B, N.H 47, BYE PASS ROAD, MARADU, KOCHI 682 304.
BY ADVS.SRI.S.ARUN RAJSMT.C.T.SUJA
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 Hence, the appeal is permitted to be withdrawn,leaving open the questions of law.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
APPENDIX
PETITIONER'S/S EXHIBITS:
ANNEXURE ACOPY OF ASSESSMENT ORDER U/S.143(3)DATED 06.3.2013 FOR THE AY.2010-11.ANNEXURE BCOPY OF ORDER U/S.263 DATED 20.3.2015 PASSEDBY THE CIT-II,KOCHI FOR A.Y.2010-11.
ANNEXURE C
ORIGINAL PLUS COPY OF THE ORDER OF THE ITAT,COCHIN BENCH IN ITA NO.315/COCH/2015 DATED 19.5.2016 FOR THE A.Y.2010-11.
ANNEXURE D
PURSUANT ORDER U/S.143(3)R.W.S.263 DATED 06.11.2015 FOR A/Y. 2010-11.
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.