In Itta/124/2014 Of Commissioner Of Income Tax v. M/S Taher Ali Insustries And Projects Ltd, the High Court (2014) dismissed the appeal. The decision went in favour of the assessee.
Decision: Therefore, this appeal is also dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE, ANDHRA PRADESH AT HYDERABAD (Special Original Jurisdiction)
PRESENT
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTISENGUPTA AND
THE HON’BLE SRI JUSTICE SANJAY KUMAR
INCOME TAX APPELLATE TRIBUNAL APPEAL NO.124 OF 2014
DATED:11.3.2014
Between:
Commissioner of Income Tax –IIHyderabad … Appellant
And
M/s. Taher Ali Industries & Projects Ltd.,1-11251/4/B, 6[th] FloorTirumala HeightsBehind Shoppers StopBegumpetHyderabad … Respondent
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTISENGUPTA AND
THE HON’BLE SRI JUSTICE SANJAY KUMAR
I.T.T.A. NO.124 OF 2014
JUDGMENT:(per the Hon’ble the Chief Justice Sri Kalyan Jyoti Sengupta)
On a similar and identical issue, this Court dismissed anappeal. Therefore, this appeal is also dismissed. There will be noorder as to costs.
________________________
K.J. SENGUPTA, CJ
_______________________
SANJAY KUMAR, J
11.3.2014
bnr
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