Ita/83/2012 Of The Commissioner Of Income Tax v. Punalur Paper Mills Ltd
High Court
19 Sep 2018 In favour of: Assessee
Forum / Bench
High Court · highcourtofkerala
Parties
Ita/83/2012 Of The Commissioner Of Income Tax v. Punalur Paper Mills Ltd
Date of order
19 Sep 2018
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Ita/83/2012 Of The Commissioner Of Income Tax v. Punalur Paper Mills Ltd, the High Court (2018) 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 K.VINOD CHANDRAN
&
THE HONOURABLE MR. JUSTICE ASHOK MENON
WEDNESDAY,THE 19TH DAY OF SEPTEMBER 2018 / 28TH BHADRA, 1940
ITA.No. 83 of 2012
AGAINST THE ORDER/JUDGMENT IN ITA 556/2009 ofI.T.A.TRIBUNAL,COCHIN BENCH DT. 19.07.2011 FOR THEASSESSMENT YEAR 2004-05
APPELLANT:
THE COMMISSIONER OF INCOME TAXTHIRUVANANTHAPURAM
BY ADV. SRI.P.K.R. MENON SR.COUNSEL GOI(TAXES) SRI.JOSE JOSEPH, SC, FOR INCOME TAX
RESPONDENT/S:
PUNALUR PAPER MILLS LTD.,LINDSAY TOWERS, 9TH FLOOR 13,NELLIE SENGUPTA SARANI KOLKATA PIN 700087
THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON 19.09.2018, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
::2 ::
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 In such circumstance, the appeal isdismissed as withdrawn, but, however,leaving thequestions of law open.
jma
Sd/- K.VINOD CHANDRANJUDGE Sd/-ASHOK MENONJUDGE
I.T.A 83/2012
APPENDIX
PETITIONER'S/S EXHIBITS:
ANNEXURE A
ANNEXURE B
ANNEXURE C
ANNEXURE D
TRUE COPY OF THE ORDER OF THE ASSESSINGOFFICER 143(3) DATED 17.3.2009.
TRUE COPY OF THE ORDER OF THE COMMISSIONER OF INCOME-TAX (APPEALS) DATED 27.8.2009.
TRUE COPY OF THE ORDER OF THE INCOME TAX APPELLATE TRIBUNAL DATED 19.7.2011.
TRUE COPY OF THE CBDT'S INSTRUCTION NO.3/2011 DATED 9.2.2011.
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