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Ita/24/2017 Of The Principal Commissioner Of Income Tax (Central) v. The Muthoot Finance P.ltd

High Court 29 Mar 2019 In favour of: Assessee
Forum / Bench
High Court · highcourtofkerala
Parties
Ita/24/2017 Of The Principal Commissioner Of Income Tax (Central) v. The Muthoot Finance P.ltd
Date of order
29 Mar 2019
Assessment year(s)
Outcome
Dismissed

Case summary

In Ita/24/2017 Of The Principal Commissioner Of Income Tax (Central) v. The Muthoot Finance P.ltd, the High Court (2019) 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.K.ABDUL REHIM & THE HONOURABLE MR. JUSTICE R. NARAYANA PISHARADI FRIDAY ,THE 29TH DAY OF MARCH 2019 / 8TH CHAITHRA, 1941 ITA.No. 24 of 2017 AGAINST THE ORDER IN ITA No.89/Coch/2015 of I.T.A.TRIBUNAL,COCHINBENCH DATED 26-09-2016 APPELLANT/APPELLANT/RESPONDENT/REVENUE: THE PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL), KOCHI. BY ADVS.SRI.P.K.RAVINDRANATHA MENON,SENIOR COUNSEL, GOI(TAXES)SRI.JOSE JOSEPH, SC, FOR INCOME TAX RESPONDENT/RESPONDENT/APPELLANT/ASSESSEE: THE MUTHOOT FINANCE P.LTD.MUTHOOT CHAMBERS, BANERJI ROAD, KOCHI-682018. BY ADVS.SRI.M.GOPIKRISHNAN NAMBIARSRI.JOSON MANAVALANSRI.K.JOHN MATHAISRI.KURYAN THOMASSRI.PAULOSE C. ABRAHAMSRI.P.GOPINATH (SR.)SRI.RAJA KANNAN THIS INCOME TAX APPEAL HAVING COME UP FOR ADMISSION ON 29.03.2019,THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: C.K.ABDUL REHIM, J. & R. NARAYANA PISHARADI, J. ---------------------------------------- ITA.No.24 of 2017 ----------------------------------------- Dated this the 29[th] day of March, 2019 JUDGMENT C.K.Abdul Rehim, J: The learned Standing Counsel for Government of India(Taxes) had fairly conceded that the issue involved in the aboveappeal stands decided in another case filed with respect to thevery same assessee for the previous year, in the judgment inITA.No.66 of 2015 dated 08.01.2019. Under the above mentioned circumstances, the appeal ishereby dismissed, as covered by the judgment mentioned asabove. Sd/- C.K.ABDUL REHIM JUDGE Sd/- R. NARAYANA PISHARADI 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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