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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 The above Income Tax Appeal ishereby dismissed as withdrawn. 3.The Registry shall refund the court fee in accordancewith the prevailing statutory provisions.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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