In Itta/722/2014 Of Commissioner Of Income Tax-Iii v. M/S Vibha Agrotech Limited, the High Court (2014) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTA
AND
THE HON’BLE SRI JUSTICE SANJAY KUMAR
I.T.T.A.Nos.721 & 722 of 2014
DATED:23.12.2014
Between:Commissioner of Income Tax-III,Hyderabad.
And
… Appellant
M/s. Vibha Agrotech Limited,Hyderabad.
….Respondent
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTA
AND
THE HON’BLE SRI JUSTICE SANJAY KUMAR
I.T.T.A.Nos.721 & 722 of 2014
Common Judgment:(per the Hon’ble the Chief Justice Sri Kalyan Jyoti Sengupta)
These appeals are dismissed as we are of the view that nothing hasbeen decided by the learned Tribunal on the question raised before us. Thelearned Tribunal has merely remitted the matter for fresh decision taking intoconsideration of the law on the subject. No order as to costs.
__________________
K.J. SENGUPTA, CJ
23[rd] December, 2014
_________________
SANJAY KUMAR, J
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