In Itta/708/2014 Of The Commissioner Of Income Tax-I v. Ap State Agro Industries Development Corporation Limited, 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
PRESENT
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTISENGUPTA AND
THE HON’BLE SRI JUSTICE M.S. RAMACHANDRA RAO
I.T.T.A. NO.708 OF 2014
DATED:17.12.2014
Between:
The Commissioner of Income Tax –IHyderabad … Appellant
And
A.P. State Agro Industries Development
Corporation Limited504, Hermitage ComplexHills Fort RoadHyderabad … Respondent
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTISENGUPTA AND
THE HON’BLE SRI JUSTICE M.S. RAMACHANDRA RAO
I.T.T.A. NO.708 OF 2014
JUDGMENT:(per the Hon’ble The Chief Justice Sri Kalyan Jyoti Sengupta)
On identical issue this Court dismissed an appeal, beingI.T.T.A. No.51 of 2013, by judgment dt.20.6.2013.
Hence, this appeal is also dismissed. There will be no order asto costs.
________________________
K.J. SENGUPTA, CJ
________________________
M.S. RAMACHANDRA RAO, J 17.12.2014bnr
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