In Itta/175/2003 Of The Commisioner Of Income Tax v. M/S.dredging Corporation Of India Ltd, the High Court (2017) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeals therefore do not warrant independent consideration and are accordingly dismissed in terms of and following the judgment dated 01.12.2011 passed by this Court in I.T.T.A.No.75 of 2000.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
THE HON’BLE SRI JUSTICE SANJAY KUMAR AND THE HON’BLE SMT. JUSTICE ANIS
I.T.T.A. NOS.18 AND 175 OF 2003
COMMON JUDGMENT
(Per Hon’ble Sri Justice Sanjay Kumar)
Sri K.Raji Reddy, learned standing counsel for the revenue appearing for the appellants in these two appeals, would fairly state that the questions of law sought to be raised in these two appeals stood answered in favour of the assessee in I.T.T.A. No.75 of 2000. A copy of the judgment dated 01.12.2011 passed by this Court in I.T.T.A.No.75 of 2000 is placed on record.
The appeals therefore do not warrant independent consideration and are accordingly dismissed in terms of and following the judgment dated 01.12.2011 passed by this Court in I.T.T.A.No.75 of 2000. Pending miscellaneous petitions, if any, shall also stand dismissed. No order as to costs.
_____________________ SANJAY KUMAR, J
_____________________
ANIS, J
12[th] JULY, 2017
Svv
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue