In Itta/214/2014 Of The Commissioner Of Income Tax-I v. B A Continuum Solutions Ltd, the High Court (2014) dismissed the appeal. The decision went in favour of the assessee.
Decision: Hence, this appeal is also dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTAANDHON’BLE SRI JUSTICE SANJAY KUMAR
I.T.T.A.No.214 of 2014
Date: 26-03-2014
Between:
The Commissioner of Income Tax-IHyderabad
.....Appellant
AND
B.A. Continuum Solutions Ltd.,Hyderabad.
...Respondent
HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTAANDHON’BLE SRI JUSTICE SANJAY KUMAR
I.T.T.A.No.214 of 2014
JUDGMENT:(per Hon’ble the Chief Justice Sri Kalyan Jyoti Sengupta )
On identical issue, this Court has dismissed the appealpreferred by the Revenue being I.T.T.A.No.45 of 2013 dated 23[rd]July 2013. Hence, this appeal is also dismissed. Pendingmiscellaneous petitions, if any, shall stand closed. No order as tocosts.
___________________
K.J.
SENGUPTA, CJ
__________________
SANJAY KUMAR, J
26-03-2014 Gsn
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