Ita/36/2018 Of The Principal Commissioner Of Income-Tax v. M/S. Paragon Biomedical India (P) Ltd
High Court
11 Nov 2019 In favour of: Assessee
Forum / Bench
High Court · highcourtofkerala
Parties
Ita/36/2018 Of The Principal Commissioner Of Income-Tax v. M/S. Paragon Biomedical India (P) Ltd
Date of order
11 Nov 2019
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Ita/36/2018 Of The Principal Commissioner Of Income-Tax v. M/S. Paragon Biomedical India (P) Ltd, the High Court (2019) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal stands dismissed aswithdrawn.
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 MRS. JUSTICE ANU SIVARAMAN
MONDAY, THE 11TH DAY OF NOVEMBER 2019 / 20TH KARTHIKA, 1941
ITA.No.36 OF 2018
AGAINST THE ORDER DATED 04-10-2017 IN ITA 249/COCH/2016 OFI.T.A.TRIBUNAL,COCHIN BENCH
APPELLANT/APPELLANT/RESPONDENT/REVENUE:
THE PRINCIPAL COMMISSIONER OF INCOME-TAXTHIRUVANANTHAPURAM.
BY ADV. SRI.CHRISTOPHER ABRAHAM, INCOME TAX DEPARTMENT
RESPONDENT/RESPONDENT/APPELLANT/ASSESSEE:
M/S. PARAGON BIOMEDICAL INDIA (P) LTD.(NOW KNOWN AS M/s. CLINIFACE CLINICAL RESEARCH (P)LTD.)B-16, 'GAYATHRI',TECHNOPARK CAMPUS,KARIAVATTOM, TRIVANDRUM - 695 581.
THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON11.11.2019, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
C.K. ABDUL REHIM, J. &ANU SIVARAMAN, J.
-------------------------------------------------
I.T. Appeal No. 36 OF 2018
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DATED THIS THE 11[th] DAY OF NOVEMBER, 2019J U D G M E N T
Abdul Rehim, J.:
Standing counsel for Government of India (Taxes) had filedmemo praying for withdrawal of the appeal, based on the latestlitigation policy of the Income Tax Department.
2.Accordingly, permission is granted to the appellant forwithdrawal of the appeal. The appeal stands dismissed aswithdrawn.
3.The Registry shall make refund of the court fee to theextent admissible under the relevant statutory provisions.
Sd/-
C.K.ABDUL REHIM
JUDGE
AMG
Sd/-
ANU SIVARAMANJUDGE
APPENDIX
PETITIONER'S EXHIBITS:
ANNEXURE ATRUE COPY OF THE ORDER OF THE ASSESSING OFFICER U/A143 (3) DATED 18-03-2013.143 (3) DATED 18-03-2013.
ANNEXURE BTRUE COPY OF THE ORDER OF THE COMMISSIONER OFINCOME TAX (APPEALS), DATED 29-03-2016. INCOME TAX (APPEALS), DATED 29-03-2016.
ANNEXURE CTRUE COPY OF THE ORDER OF THE INCOME TAX APPELLATETRIBUNAL COCHIN BENCH IN ITA.249/COCH/2016 DATED04-10-2017TRIBUNAL COCHIN BENCH IN ITA.249/COCH/2016 DATED04-10-2017
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