Itta/37/2014 Of Commissioner Of Income Tax-Iii v. M/S Meil-Ratna(Jv)
High Court
07 Feb 2014 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/37/2014 Of Commissioner Of Income Tax-Iii v. M/S Meil-Ratna(Jv)
Date of order
07 Feb 2014
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itta/37/2014 Of Commissioner Of Income Tax-Iii v. M/S Meil-Ratna(Jv), the High Court (2014) dismissed the appeal. The decision went in favour of the assessee.
Decision: Accordingly, the appeal is dismissed.
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
IN THE HIGH COURT OF JUDICATURE, ANDHRA PRADESH ATHYDERABAD
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTAAND
THE HON’BLE SRI JUSTICE SANJAY KUMAR
I.T.T.A.No.37 of 2014
Date: 07.02.2014
Between:
Commissioner of Income Tax-III,Hyderabad.
… Appellant
And
M/s. MEIL-RATNA (JV),Hyderabad.
… Respondent
This Court made the following:
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTAANDTHE HON’BLE SRI JUSTICE SANJAY KUMAR
I.T.T.A. No.37 of 2014
JUDGMENT:(Per the Hon’ble The Chief Justice Sri Kalyan Jyoti Sengupta)
We are not inclined to admit this appeal, as the issue raised theappeal is covered by the decision of this Court, wherein this Court has heldthat the amendment to Section 40(a)(ia) of the Income Tax Act, 1961 made bythe Finance Act, 2010 is retrospective in nature. Hence, the issue is settled.
Accordingly, the appeal is dismissed. No costs.
___________________
K.J. SENGUPTA, CJ
___________________SANJAY KUMAR, J
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