In Itta/267/2014 Of Commissiioner Of Income Tax-Iii v. Sri Rao Subba Rao, the High Court (2014) 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.
HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTAANDHON’BLE SRI JUSTICE SANJAY KUMAR
I.T.T.A.No.267 of 2014
Date: 17.04.2014
Between:Commissioner of Income Tax-IIIHyderabad
.....Appellant
AND
Sri Rao Subba RaoHyderabad
...Respondent
HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTAANDHON’BLE SRI JUSTICE SANJAY KUMAR
I.T.T.A.No.267 of 2014
JUDGMENT:(per Hon’ble the Chief Justice Sri Kalyan Jyoti Sengupta )
Since the connected appeal on identical issue has beendismissed by this Court previously, this appeal is also dismissed.Miscellaneous petitions pending, if any, shall stand closed. No order as to costs.
___________________
K.J.
SENGUPTA, CJ
__________________
SANJAY KUMAR, J
17-04-2014 Gsn
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.