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Ita/191/2009 Of The Commissioner Of Income Tax v. Sri.t.l.ouseph, Kunnamkulam

High Court 01 Jul 2009 In favour of: Assessee

Forum / Bench

High Court · highcourtofkerala

Parties

Date of order

01 Jul 2009

Assessment year(s)

—

Outcome

Dismissed

Case summary

In Ita/191/2009 Of The Commissioner Of Income Tax v. Sri.t.l.ouseph, Kunnamkulam, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.

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 C.N.RAMACHANDRAN NAIR & THE HONOURABLE MR. JUSTICE C.K.ABDUL REHIM WEDNESDAY, THE 1ST JULY 2009 / 10TH ASHADHA 1931 ITA.No. 191 of 2009() --------------------- ITA.262/COCH/1999 of I.T.A.TRIBUNAL,COCHIN BENCH .................... APPELLANT/APPELLANT: -------------------- THE COMMISSIONER OF INCOME TAX, TRICHUR. BY ADV. SRI.P.K.R.MENON,SR.COUNSEL, GOI(TAXES) SRI.JOSE JOSEPH, SC, FOR INCOME TAX RESPONDENT(S): --------------- SRI.T.L.OUSEPH,LAVISH ELECTRICALS & SANITARIES,KUNNAMKULAM. THIS INCOME TAX APPEAL HAVING COME UP FOR ADMISSION ON 01/07/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: C.N.RAMACHANDRAN NAIR &C.K.ABDUL REHIM, JJ. ....................................................................I.T. Appeal No.191 of 2009 ....................................................................Dated this the 1st day of July, 2009. JUDGMENT Ramachandran Nair, J. Questions raised pertain to valuation of closing stock andexplanation accepted by the lower authorities with regard to the goldornaments held by the assesee. We do not find any substantialquestion of law arising from the order of the Tribunal. The appeal isconsequently dismissed. C.N.RAMACHANDRAN NAIRJudge pms C.K.ABDUL REHIM Judge

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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.

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