Ita/4/2018 Of The Principal Commissioner Of Income Tax Kochi-1 v. M/S. Fancy Mega Projects Pvt. Ltd
High Court
10 Feb 2020 In favour of: Assessee
Forum / Bench
High Court · highcourtofkerala
Parties
Ita/4/2018 Of The Principal Commissioner Of Income Tax Kochi-1 v. M/S. Fancy Mega Projects Pvt. Ltd
Date of order
10 Feb 2020
Assessment year(s)
2013-14
Outcome
Dismissed
Case summary
In Ita/4/2018 Of The Principal Commissioner Of Income Tax Kochi-1 v. M/S. Fancy Mega Projects Pvt. Ltd, the High Court (2020) 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
MONDAY, THE 10TH DAY OF FEBRUARY 2020 / 21ST MAGHA, 1941
ITA.No.4 OF 2018
AGAINST THE ORDER IN ITA 21/COCH/2017 DATED 16-06-2017 OFI.T.A.TRIBUNAL, COCHIN BENCH
APPELLANT:
THE PRINCIPAL COMMISSIONER OF INCOME TAX,KOCHI-1, KOCHI, INCOME TAX OFFICES, CENTRAL REVENUE BUILDING, I.S.PRESS ROAD, KOCHI-682018.
RESPONDENTS:
BY ADVS.SRI.P.K.RAVINDRANATHA MENON (SR.)SRI.JOSE JOSEPH, SC, FOR INCOME TAX
M/S. FANCY MEGA PROJECTS PVT. LTD36/1685, JUDGES AVENUE, KALOOR, KOCHI-682017.
R1 BY ADV. SRI.SAJI VARGHESE
THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON10.02.2020, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
C.K. ABDUL REHIM, J. &
T.V. ANILKUMAR, J.
-------------------------------------------------
I.T. Appeal No. 4 OF 2018
-------------------------------------------------
DATED THIS THE 10[th] DAY OF FEBRUARY, 2020
J U D G M E N T
Abdul Rehim, J:
Standing Counsel for Government of India (Taxes)appearing for the appellant seeks permission of this court towithdraw the above Appeal.
2.Permission granted. The above Income Tax Appeal ishereby dismissed as withdrawn.
3.The Registry shall refund the court fee in accordancewith the prevailing statutory provisions.
Sd/-C.K.ABDUL REHIM
JUDGE
AMG
Sd/-
T.V.ANILKUMARJUDGE
APPENDIX
PETITIONER'S EXHIBITS:
ANNEXURE ACOPY OF THE ASSESSMENT ORDER U/S. 143(3) DATED 24.03.2016 FOR A.Y. 2013-14.24.03.2016 FOR A.Y. 2013-14.
ANNEXURE BCOPY OF CIT(APPEALS) ORDER IN ITA NO.271/CIT(A)-I/2016-17 DATED 7/12/2017.I/2016-17 DATED 7/12/2017.
ANNEXURE CCERTIFIED PLUS COPY OF THE APPELLATE ORDER OF THE ITAT COCHIN BENCH IN ITA NO.21/COCH/2017 DATED 16/06/2017 FOR A.Y. 2013-14.ITAT COCHIN BENCH IN ITA NO.21/COCH/2017 DATED 16/06/2017 FOR A.Y. 2013-14.
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