In Itta/670/2014 Of The Commissioner Of Income Tax-I v. Aster Naturals Pvt Ltd, the High Court (2014) dismissed the appeal. The decision went in favour of the assessee.
Decision: NO.670 OF 2014 JUDGMENT:(per the Hon’ble The Chief Justice Sri Kalyan Jyoti Sengupta) This appeal is dismissed as we noticed that the learned Tribunalwhile rendering the impugned judgment has followed the consistentview taken by it on identical facts and issue in case of a sister concernof the asses...
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.670 OF 2014
DATED:26.11.2014
Between:
The Commissioner of Income Tax – IHyderabad … Appellant
And
Aster Naturals Pvt. Ltd.,Plot No.9, Defence ColonySainikpuriSecunderabad … Respondent
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTISENGUPTA AND
THE HON’BLE SRI JUSTICE SANJAY KUMAR
I.T.T.A. NO.670 OF 2014
JUDGMENT:(per the Hon’ble The Chief Justice Sri Kalyan Jyoti Sengupta)
This appeal is dismissed as we noticed that the learned Tribunalwhile rendering the impugned judgment has followed the consistentview taken by it on identical facts and issue in case of a sister concernof the assessee company, set aside the order of the Commissioner ofIncome Tax (Appeals) and restored the matter to the file of theAssessing Officer to decide afresh. Therefore, we do not find anyquestion of law to decide in this appeal. There will be no order as tocosts.
________________________
K.J. SENGUPTA, CJ
_______________________
SANJAY KUMAR, J
26.11.2014
bnr
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