In Itta/649/2014 Of Commissioner Of Income Tax-V v. M/S Intrack Inc, the High Court (2014) dismissed the appeal. The decision went in favour of the assessee.
Decision: Hence, this appeal is also dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
PRESENT
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTAANDTHE HON’BLE SRI JUSTICE SANJAY KUMAR
I.T.T.A. NO.649 OF 2014
DATED:29.10.2014Between:The Commissioner of Income Tax –VHyderabad … AppellantAnd
M/s. Intrack IncD.No.2-3-21/2,Ranigunj CircleSecunderabad … Respondent
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTAANDTHE HON’BLE SRI JUSTICE SANJAY KUMAR
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.590 of2013, by judgment dt.6.12.2013.
Hence, this appeal is also dismissed. There will be no order as to costs.
K.J. SENGUPTA, CJ
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SANJAY KUMAR, J29.10.2014
bnr
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