Ita/399/2010 Of Kerala Minerals And Metals Limited v. The Dy. Commissioner Of Income Tax

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.N.RAMACHANDRAN NAIR & THE HONOURABLE MR. JUSTICE B.P.RAY MONDAY, THE 22ND NOVEMBER 2010 / 1ST AGRAHAYANA 1932 ITA.No. 399 of 2010() --------------------- ITA.708/COCH/2007 of I.T.A.TRIBUNAL,COCHIN BENCH .................... APPELLANT/APPELLANT: -------------------- KERALA MINERALS AND METALS LIMITED, SANKARAMANGALAM, CHAVARA, KOLLAM. BY ADV. SRI.A.KUMAR RESPONDENT/RESPONDENT: --------------- THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-I, KOLLAM. BY ADV. SRI.JOSE JOSEPH, SC THIS INCOME TAX APPEAL HAVING COME UP FOR ADMISSION ON 22/11/2010, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: C.N.RAMACHANDRAN NAIR &BHABANI PRASAD RAY, JJ. .................................................................... I.T. Appeal No.399 of 2010 ....................................................................Dated this the 22nd day of November, 2010. JUDGMENT Ramachandran Nair, J. Since the issue raised is covered in assessee's own case videjudgment in I.T.A. No.88/2008 and connected cases, we allow theappeal filed by the assessee by vacating the order of the Tribunal andby directing the Assessing Officer to follow the above judgment andgrant relief to the assessee in terms of the judgment. C.N.RAMACHANDRAN NAIRJudge BHABANI PRASAD RAY Judge pms