Mps Technologies Limited(Since Merged With Mps Limited) v. The Assistant Commissioner Of Income Taxcompany Circle β Iv (3)
High Court
27 Mar 2018 In favour of: Revenue
Forum / Bench
High Court Β· hc_cis_mas
Parties
Mps Technologies Limited(Since Merged With Mps Limited) v. The Assistant Commissioner Of Income Taxcompany Circle β Iv (3)
Date of order
27 Mar 2018
Assessment year(s)
2007-08, 2007-2008
Outcome
Dismissed
The order β as passed by the High Court
Case summary
In Mps Technologies Limited(Since Merged With Mps Limited) v. The Assistant Commissioner Of Income Taxcompany Circle β Iv (3), the High Court (2018) dismissed the appeal. The decision went in favour of the Revenue.
Summary auto-generated from the order below β read the full judgment for the complete reasoning.
Sections referenced in this judgment
IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED : 03.04.2018
CORAMThe HON'BLE MS.INDIRA BANERJEE, CHIEF JUSTICEANDThe HON'BLE MR.JUSTICE A.SELVAMT.C.(A) No.81 of 2018
MPS Technologies Limited(since merged with MPS Limited)27, GN Chetty Road, T.NagarChennai β 17.now carrying on business atRR Towers IV, Super A16/17, Thiru Vi Ka Industrial EstateGuindy, Chennai β 32... Appellant/Appellant
Vs
The Assistant Commissioner of Income TaxCompany Circle β IV (3)121, Mahatma Gandhi RoadNungambakkamChennai β 34... Respondent/Respondent
PRAYER: Appeal under Section 260A of the Income Tax Act,1961 against the order of the Income Tax AppellateTribunal, Chennai 'D' Bench, dated 14.2.2017 inI.T.A.No.2031/Mds/2011 against the order of the Assistantcommissioner of Income Tax, company circle IV(3), Chennaidated 11.10.2011 and made P.A.No.AAECMO205A.
Against the ordr of the Assistant commissioner ofIncome Tax, company circle IV (3) (i/c) chennai 34 dated29.12.2010 PA No.AAECMO205A. For the assessment year 2007-08.
against the order of the Deputy commissioner of Incometax, Transfer pricing officer β iv, chennai dated28.10.2010 and made in F.NO.M-510/TPO-V/A.7.2007-2008 forthe assessment year 2007-2008.
JUDGMENT
(Delivered by Ms.Indira Banerjee, Chief Justice)
No one appears in support of the appeal. The appeal isdismissed for default. No costs.
Sd/-
Assistant Registrar(CS-vi)
//True Copy//
sasi
Sub Assistant Registrar
To:
1 The Assistant Registrar Income Tax Appellate Tribunal 'D' Bench, Chennai.2 The Assistant Commissioner of Income Tax Company Circle IV(3) Chennai. 3The Deputy commissioner of Income tax, transfer pricing officer IV, chennai.+1cc to Mr.S.P.CHIDAMBARAM, Advocate, S.R.No. 24874T.C.(A) No.81 of 2018
SV(CO)TR(12/04/2018)
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