Itta/445/2013 Of The Commissioner Of Income-Tax-Iv v. Priyadarshini Spinning Mills, Ltd
High Court
24 Sep 2013 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/445/2013 Of The Commissioner Of Income-Tax-Iv v. Priyadarshini Spinning Mills, Ltd
Date of order
24 Sep 2013
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itta/445/2013 Of The Commissioner Of Income-Tax-Iv v. Priyadarshini Spinning Mills, Ltd, the High Court (2013) dismissed the appeal. The decision went in favour of the assessee.
Decision: Under the circumstances, we dismiss the appeal.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTAAND
HON’BLE SRI JUSTICE K.C. BHANUI.T.T.A.No.445 of 2013
Date: 24-09-2013
Between:
The Commissioner of Income Tax-IVHyderabad.
And
……. Appellant
Priyadarshini Spinning Mills Ltd.-Icon Block, 156/6,Satyanarayana Enclave, Madinaguda,Near Miyapur, Hyderabad.
…… Respondent
HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTAANDHON’BLE SRI JUSTICE K.C. BHANUI.T.T.A.No.445 of 2013
JUDGMENT: (Per Hon’ble the Chief Justice Sri Kalyan Jyoti Sengupta)
We have heard Mr. J.V. Prasad, learned counsel for theappellant-Revenue and gone through the impugned judgment andorder of the learned Tribunal.
It appears that the learned Tribunal, while relying on its ownearlier decisions, has decided the matter. Those two decisions,which are relied on by the Tribunal, are not appealed and they areaccepted by the Revenue.
Under the circumstances, we dismiss the appeal.
No order as to costs. Miscellaneous Petitions pending, if any, shallstand closed.
Date: 24-09-2013YCR
________________K.J. SENGUPTA, CJ
________________
K.C. BHANU, J
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