Ita/7/2008 Of The Commissioner Of Income Tax v. M/S.punalur Paper Mills Ltd

IN THE HIGH COURT OF KERALA AT ERNAKULAMPRESENT THE HONOURABLE MR.JUSTICE K.VINOD CHANDRAN & THE HONOURABLE MR. JUSTICE ASHOK MENON WEDNESDAY,THE 19TH DAY OF SEPTEMBER 2018 / 28TH BHADRA, 1940 ITA.No. 7 of 2008 AGAINST THE ORDER/JUDGMENT IN ITA 25/2003 ofI.T.A.TRIBUNAL,COCHIN BENCH DATED 19-08-2004 ASSESSMENTYEAR 1989-90 APPELLANT: THE COMMISSIONER OF INCOME TAXTHIRUVANANTHAPURAM. BY ADV. SRI.P.K.R. MENON, SR.COUNSEL GOI (TAXES) SRI. JOSE JOSEPH, SC FOR IT RESPONDENT: M/S.PUNALUR PAPER MILLS LTD.NELLI SENGUPTA SARANI, KILKOTA-700 087 BY ADV. SRI.E.K.NANDAKUMAR (SR.) SRI.ANIL D NAIR THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON 19.09.2018, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: JUDGMENT The learned Standing Counsel, Government ofIndia (Taxes) submits that he has instruction from theRevenue to withdraw the appeal on the basis of thelitigation policy. In such circumstance, the appeal isdismissed as withdrawn, but, however,leaving thequestions of law open. Sd/- K.VINOD CHANDRANJUDGE jma Sd/- ASHOK MENONJUDGE APPENDIX PETITIONER'S/S EXHIBITS: ANNEXURE ATRUE COPY OF THE STATEMENT OF TOTAL INCOME. ANNEXURE BTRUE COPY OF THE STATEMENT ON DEPRECIATION SIGNED BY THE AUTHORISED REPRESENTATIVE ANNEXED TO THE RETURN OFINCOME.DEPRECIATION SIGNED BY THE AUTHORISED REPRESENTATIVE ANNEXED TO THE RETURN OFINCOME. ANNEXURE CTRUE COPY OF THE ORDER OF ASSESSING OFFICER DATED 25.3.1994.OFFICER DATED 25.3.1994. ANNEXURE DTRUE COPY OF THE ORDER OF ASSESSING OFFICER DATED 4.9.1995 GIVING EFFECT TOTHE ORDER OF THE CIT (APPEALS) DATED 31.1.1995.OFFICER DATED 4.9.1995 GIVING EFFECT TOTHE ORDER OF THE CIT (APPEALS) DATED 31.1.1995. ANNEXURE ETRUE COPY OF THE ORDER OF ASSESSING OFFICER U/S 154 DATED 31.3.1997.OFFICER U/S 154 DATED 31.3.1997. ANNEXURE FTRUE COPY OF THE GROUNDS OF APPEAL FILED BY THE ASSESSEE BEFORE CIT (APPEALS)FILED BY THE ASSESSEE BEFORE CIT (APPEALS) ANNEXURE GTRUE COPY OF THE ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS) DATED 31.10.2002.COMMISSIONER OF INCOME TAX (APPEALS) DATED 31.10.2002. ANNEXURE HTRUE COPY OF THE ORDER OF THE INCOME TAX APPELLATE TRIBUNAL DATED 19.8.2004.TAX APPELLATE TRIBUNAL DATED 19.8.2004.