In Itta/349/2013 Of The Commissioner Of Income Tax Iv v. M/S.novopan Industries Limited, the High Court (2013) dismissed the appeal. The decision went in favour of the assessee.
Decision: Hence, this appeal is also dismissed. ___________________ K.J.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTA AND
THE HON’BLE SRI JUSTICE K.C. BHANU
I.T.T.A. No.349 OF 2013
DATED:21.8.2013
Between:The Commissioner of Income Tax,Hyderabad.
… Appellant
And
M/s. Novopan Industries Ltd.,Secunderabad.
….Respondent
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTA AND
THE HON’BLE SRI JUSTICE K.C. BHANU
I.T.T.A. No.349 OF 2013
Oral Judgment:(per the Hon’ble the Chief Justice Sri Kalyan Jyoti Sengupta)
On identical issue, an appeal was dismissed by this Court. Hence, this appeal is also dismissed.
___________________
K.J. SENGUPTA, CJ
____________
K.C. BHANU, J
21.8.2013
PNB
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