In Itta/671/2014 Of The Commissioner Of Income Tax-I v. Ascend Telecom Infrastructure Private Limited, the High Court (2014) dismissed the appeal. The decision went in favour of the assessee.
Decision: NO.671 OF 2014 JUDGMENT:(per the Hon’ble The Chief Justice Sri Kalyan Jyoti Sengupta) This appeal is dismissed as the Tribunal while rendering theimpugned judgment has followed its earlier decision on identicalissue.
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.671 OF 2014
DATED:26.11.2014
Between:
The Commissioner of Income Tax IHyderabad … Appellant
And
Ascend Telecom Infrastructure Private LimitedPlot Nos.25 & 262[nd] Crescent, SainkpuriSecunderabad … Respondent
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTISENGUPTA AND
THE HON’BLE SRI JUSTICE SANJAY KUMAR
I.T.T.A. NO.671 OF 2014
JUDGMENT:(per the Hon’ble The Chief Justice Sri Kalyan Jyoti Sengupta)
This appeal is dismissed as the Tribunal while rendering theimpugned judgment has followed its earlier decision on identicalissue. There will be no order as to costs.
________________________
K.J. SENGUPTA, CJ
_______________________
SANJAY KUMAR, J
26.11.2014
bnr
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