In Itta/678/2014 Of Commissioner Of Income Tax-Iii v. M/S Shetty Pharmaceuticals And Biologicals Ltd, 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.
HIGH COURT OF JUDICATURE AT HYDERABADFOR THE STATE OF TELANGANA AND THE STATE OF ANDHRAPRADESH
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTAANDTHE HON’BLE SRI JUSTICE SANJAY KUMAR
I.T.T.A. No. 678 of 2014
Date: 27.11.2014
Between:
Commissioner of Income Tax-III,Hyderabad.
… Appellant
And
M/s. Shettys Pharmaceuticals & Biologicals Limited,Hyderabad.
… Respondent
This Court made the following:
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTAANDTHE HON’BLE SRI JUSTICE SANJAY KUMAR
I.T.T.A. No. 678 of 2014
ORDER:(Per the Hon’ble The Chief Justice Sri Kalyan Jyoti Sengupta)
It is submitted by Sri B. Narasimha Sarma, learned counsel forthe appellant, that identical appeals being ITTA.Nos.662 and 668 of 2014have been dismissed by this Court on 26.11.2014.
Hence, this appeal is also dismissed. No order as to costs.
___________________
K.J. SENGUPTA, CJ
___________________
SANJAY KUMAR, J
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