Ita/246/2014 Of The Commissioner Of Income Tax v. M/S.kerala Vision Limited
High Court
05 Dec 2019 In favour of: Assessee
Forum / Bench
High Court · highcourtofkerala
Parties
Ita/246/2014 Of The Commissioner Of Income Tax v. M/S.kerala Vision Limited
Date of order
05 Dec 2019
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Ita/246/2014 Of The Commissioner Of Income Tax v. M/S.kerala Vision Limited, 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 T.V.ANILKUMAR
THURSDAY, THE 05TH DAY OF DECEMBER 2019 / 14TH AGRAHAYANA, 1941
ITA.No.246 OF 2014
AGAINST THE ORDER DATED 06-06-2014 IN ITA NO.794/2013 OFI.T.A.TRIBUNAL,COCHIN BENCH
APPELLANT/RESPONDENT/RESPONDENT/REVENUE:
THE COMMISSIONER OF INCOME TAX,TRICHUR.
BY ADVS.SRI.P.K.R.MENON,SENIOR COUNSEL, GOI(TAXES) SRI.JOSE JOSEPH, SC, FOR INCOME TAX
RESPONDENT/APPELLANT/APPELLANT/ASSESSEE
M/S.KERALA VISION LIMITED,1/1 J, KRISHNA BUILDING, 1ST FLOOR, P.O.VIYYOOR, THRISSUR-680010.
BY ADV. SRI.S.ARUN RAJ
THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON05.12.2019, ALONG WITH CO.NO.146/2015, THE COURT ON THE SAME DAYDELIVERED THE FOLLOWING:
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR.JUSTICE C.K.ABDUL REHIM
&
THE HONOURABLE MR.JUSTICE T.V.ANILKUMAR
THURSDAY, THE 05TH DAY OF DECEMBER 2019 / 14TH AGRAHAYANA, 1941
CO.No.146 OF 2015 IN ITA. NO.246/2014
AGAINST THE ORDER 06.06.2014 IN ITA NO.246/2014 OF HIGH COURT OFKERALA
CROSS OBJECTOR/RESPONDENT/APPELLANT/ASSESSEE
M/S.KERALA VISION LTD.,ALPHA COMPLEX, 2ND FLOOR, THOPPIN MOOLA, THRISSUR-680 004.
BY ADV. SRI.S.ARUN RAJ
RESPONDENT/APPELLANT/RESPONDENT/REVENUE:
COMMISSIONER OF INCOME TAX, THRISSUR-680001
THIS CROSS OBJECTION/CROSS APPEAL HAVING BEEN FINALLY HEARDON 05.12.2019, ALONG WITH ITA.NO.246/2014, THE COURT ON THE SAMEDAY DELIVERED THE FOLLOWING:
C.K.ABDUL REHIM & T.V. ANILKUMAR ,JJ.
= = = = = = = = = = = = = = = = = = = = = =I.T.A. No.246 of 2014
&
C.O. No.146 of 2015
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -Dated this the 5[th] day of December, 2019
C O M M O N J U D G M E N T
C.K.ABDUL REHIM, J.
The Standing for Government of India (Taxes) seekspermission of this Court to withdraw the above appeal, based onthe litigation policy declared by the Central Board of DirectTaxes(CBDT).
2.In view of the above submission learned counsel for thecross objector submitted that the cross-objection also may bedismissed as not pressed.
3.Under the above circumstances both the Income TaxAppeal as well as the Cross-objection are hereby dismissed aswithdrawn.
The Registry shall make refund of the court fee in both thecases, to the extent permissible under law.
DST
Sd/-
C.K.ABDUL REHIM,JUDGE
Sd/-
T.V. ANILKUMAR,JUDGE
//True copy//
PA.To Judge
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