In Itta/43/2001 Of Comm.of Income Tax Ap I Hyd v. M/S.raghavendra Constructions, the High Court (2013) allowed the appeal. The decision went in favour of the Revenue.
Decision: Therefore, we set aside the judgment of the learned Tribunal andallow the appeal.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTISENGUPTA AND
THE HON’BLE Ms. JUSTICE G. ROHINI
INCOME TAX APPELLATE TRIBUNAL APPEAL NO.43 OF 2001
DATED:4.7.2013
Between:
Commissioner of Income TaxA.P.-IHyderabad … Appellant
And
M/s. Raghavendra Constructions8-3-669/10/14, MPCHousing SocietyJayaprakashnagarYellareddygudaHyderabad … Respondent
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTISENGUPTA AND
THE HON’BLE Ms. JUSTICE G. ROHINI
I.T.T.A. NO.43 OF 2001
JUDGMENT:(per the Hon’ble the Chief Justice Sri Kalyan Jyoti Sengupta)
Both the learned counsel for the parties submit that the issuesinvolved in this matter are covered by a judgment of this Court and ithas been decided in favour of the Revenue.
Therefore, we set aside the judgment of the learned Tribunal andallow the appeal. No order as to costs.
________________________
K.J. SENGUPTA, CJ
______________________
G. ROHINI, J
4.7.2013
bnr
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