In Itta/408/2014 Of Commissioner Of Income Tax (Tds) v. M/S. Suman Chit Funds Private Limited, the High Court (2014) dismissed the appeal. The decision went in favour of the assessee.
Decision: Therefore, this appeal is also dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
HIGH COURT OF JUDICATURE AT HYDERABADFOR THE STATE OF TELANGANA AND THE STATE OF ANDHRAPRADESH
PRESENT
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTISENGUPTA AND
THE HON’BLE SRI JUSTICE SANJAY KUMAR
I.T.T.A. NO.408 OF 2014
DATED:9.7.2014
Between:
Commissioner of Income Tax (TDS)I.T. Towers, A.C. GuardsHyderabad … Appellant
And
M/s. Suman Chit Funds Private Limited5-4-36/1, J.N. Road, AbidsHyderabad … Respondent
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTISENGUPTA AND
THE HON’BLE SRI JUSTICE SANJAY KUMAR
I.T.T.A. NO.408 OF 2014
JUDGMENT:(per the Hon’ble the Chief Justice Sri Kalyan Jyoti Sengupta)
On identical issue, this Court dismissed an appeal being I.T.T.A.No.120 of 2013 by judgment dt.27.6.2013.
Therefore, this appeal is also dismissed. There will be no orderas to costs.
________________________
K.J. SENGUPTA, CJ
_______________________
SANJAY KUMAR, J
9.7.2014bnr
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