Itta/25/2004 Of The Commissioner Of Income Tax v. M/S.globe Organics Limited

HON’BLE SRI JUSTICE L. NARASIMHA REDDYANDHON’BLE SRI JUSTICE CHALLA KODANDA RAM I.T.T.A No. 25 OF 2004 19-11-2014 BETWEEN The Commissioner of Income Tax, Andhra Pradesh – I, AayakarBhavan, Basheerbagh, Hyderabad – 500 004 …Appellant And M/s. Globe Organics Limited (now Cheminar Drugs Limited), 7-1-27, Ameerpet, Hyderabad …..Respondent HON’BLE SRI JUSTICE L. NARASIMHA REDDYANDHON’BLE SRI JUSTICE CHALLA KODANDA RAM I.T.T.A No. 25 OF 2004 JUDGMENT:(per the Hon'ble Sri Justice L. Narasimha Reddy) This appeal is filed against the order dated 01-02-2001passed by the Hyderabad Bench ‘A’ of the Income Tax AppellateTribunal Hyderabad in I.T.A No.1430/H/96, dated 01-02-2001. The only question that is urged in this appeal is as towhether it is competent for an assessing officer to take recourseto Section 143 (1) (a) of the Income Tax Act, 1961 (for short, ‘theAct’) in respect of a return as regards which an order was passedunder Section 143 (3) of the Act. The issue is no longer res integra. As recently as on 24-07-2014, we disposed of I.T.T.A No.32 of 2002 in respect of thevery respondent herein holding the issue against the Revenue. We, therefore, dismiss the appeal. There shall be no orderas to costs. ___________________________ L. NARASIMHA REDDY, J 19-11-2014ks ____________________________ CHALLA KODANDA RAM, J