In Itta/516/2011 Of Commissioner Of Income Tax v. Sri Kurra Krishna Murthy, the High Court (2012) 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.
THE HON’BLE THE CHIEF JUSTICE SHRI MADAN B. LOKURAND
THE HON’BLE SHRI JUSTICE SANJAY KUMAR
I.T.T.A.NO.516 OF 2011
Date: 09-02-2012
Between
Commissioner of Income Tax,Rajkamal Complex,Laxmipuram Main Road,Guntur-7
… Appellant
and
Sri Kurra Krishna Murthy
… Respondent
THE HON’BLE THE CHIEF JUSTICE SHRI MADAN B. LOKURAND
THE HON’BLE SHRI JUSTICE SANJAY KUMAR
I.T.T.A.NO.516 OF 2011
JUDGMENT:(per the Hon’ble the Chief Justice Shri Madan B. Lokur)
1. The tax effect in this case is about Rs.1.50 lakhs.
2. Under the circumstances, we are not inclined to entertain this
appeal.
3. Accordingly, the appeal is dismissed.
MADAN B. LOKUR, CJ
09-02-2012Ak/Pnb
SANJAY KUMAR, J
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