Itta/303/2012 Of Chief Commissioner Of Income Tax v. Sri Talasila Srinivasa Rao
High Court
09 Aug 2012 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/303/2012 Of Chief Commissioner Of Income Tax v. Sri Talasila Srinivasa Rao
Date of order
09 Aug 2012
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itta/303/2012 Of Chief Commissioner Of Income Tax v. Sri Talasila Srinivasa Rao, the High Court (2012) dismissed the appeal. The decision went in favour of the assessee.
Decision: 314 and 315 of 2011 on 27-1-2012, this appeal is also dismissed, as there is no substantial taximplication involved in this appeal.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Sections referenced in this judgment
The order — as passed by the High Court
THE HONOURABLE SRI JUSTICE GODA RAGHURAMANDTHE HONOURABLE SRI JUSTICE M.S.RAMACHANDRA RAO
ITTA No. 303 of 2012
Dated: 09-08-2012
Between:
Chief Commissioner of Income Tax,Guntur.
And
Talasila Srinivasa Rao
…Appellant
…Respondent.
Judgment(Per Hon’ble Sri Justice Goda Raghuram)
It is fairly stated by the learned Senior Counsel for the appellant-Revenue Sri B.Narasimha Sharma that the tax implication in thisappeal preferred under Section 260A of the Income Tax Act, 1961 isonly Rs.3,39,136/- and that other appeals preferred by the Revenuebeing ITTA Nos. 314 and 315 of 2011 were dismissed by this Court on27-1-2012 on account of the insignificant tax implication.
Following the dismissal of ITTA Nos. 314 and 315 of 2011 on 27-1-2012, this appeal is also dismissed, as there is no substantial taximplication involved in this appeal. No costs.
_________________________
GODA RAGHURAM, J
9[th] August, 2012
GRR
_______________________________
M.S.RAMACHANDRA RAO, J
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