Op/5855/2002 Of Cochin Malabar Estates And Industries Ld v. Dy.commr.of Income Tax,Spl.range.i,Cochi

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT: THE HONOURABLE MR. JUSTICE A.K.JAYASANKARAN NAMBIAR MONDAY, THE 20TH DAY OF OCTOBER 2014/28TH ASWINA, 1936 OP.NO. 5855 OF 2002 (V) ------------------------ PETITIONER(S):--------------- 1. THE COCHIN MALABAR ESTATES AND INDUSTRIES LTD., REPRESENTED BY ITS CHAIRMAN & MANAGING DIRECTOR, MR.JIMMY J.GAZDAR, MALABAR HOUSE 56, BRISTOW ROAD, COCHIN-682 03. 2. MR.JIMMY J.GAZDAR, CHAIRMAN & MANAGING DIRECTOR, THE COCHIN MALABAR ESTATES AND INDUSTRIES LTD, MALABAR HOUSE, 56 BRISTOW ROAD, COCHIN-682003 BY ADV. SRI.P.BALACHANDRAN (SR.) RESPONDENT(S): --------------- 1. DEPUTY COMMISSIONER OF INCOME TAX (ASSESSMENT), SPECIAL RANGE-I, COCHIN. 2. INSPECTING ASSISTANT COMMISSIONER OF AGRICULTURAL INCOME TAX & SALES TAX, KOZHIKODE. 3. AGRICULTURAL INCOME TAX OFFICER, MADIKERI. 4. UNION OF INDIA REPRESENTED BY SECRETARY TO REVENUE DEPARTMENT, MINISTRY OF FINANCE CENTRAL BLOCK, NEW DELHI-110 001. 5. CENTRAL BOARD OF DIRECT TAXES, DEPARTMENT OF REVENUE, MINISTRY OF FINANCE NEW DELHI-110 001. BY ADV. SRI.P.K.R.MENON(SR.),SC FOR IT BY ADV. SRI.GEORGE K. GEORGE, SC FOR IT R2,R3 BY ADV. GOVERNMENT PLEADER SRI.LIJU V.STEPHEN THIS ORIGINAL PETITION HAVING BEEN FINALLY HEARD ON 20-10-2014, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: OP.NO. 5855 OF 2002 (V) APPENDIX PETITIONER'S EXHIBITS: EXT.P1:A TRUE COPY OF THE ASSESSMENT ORDER FOR 86-87 PASSED BY THEFIRST RESPONDENT DATED 10.03.1989 EXT.P2: A TRUE COPY OF THE ASSESSMENT ORDER FOR 87-88 PASSED BY THEFIRST RESPONDENT DATED 10.01.1990 EXT.P3: A TRUE COPY OF THE ASSESSMENT ORDER FOR 88-89 PASSED BY THEFIRST RESPONDENT DATED 27.03.1989 EXT.P4: A TRUE COPY OF THE ASSESSMENT ORDER FOR 89-90 PASSED BY THEFIRST RESPONDENT DATED 19.03.1992 EXT.P5: A TRUE COPY OF THE ASSESSMENT ORDER FOR 90-91 PASSED BY THEFIRST RESPONDENT DATED 15.03.1993 EXT.P6: A TRUE COPY OF THE ASSESSMENT ORDER FOR 91-92 PASSED BY THEFIRST RESPONDENT DATED 28.02.1994 EXT.P7: A TRUE COPY OF THE ASSESSMENT ORDER FOR 92-93 DATED29.11.1994 EXT.P8: A TRUE COPY OF THE ASSESSMENT ORDER FOR 93-94 DATED28.02.1994 EXT.P9: A TRUE COPY OF THE ASSESSMENT ORDER FOR 94-95 DATED16.01.2001 EXT.P9(A) & (B): TRUE COPIES OF THE ASSESSMENT ORDERS FOR 95-96 & 96-97 U/S.143(3) DATED 04.03.1998 EXT.P10: A TRUE COPY OF THE ORDER IN O.P.NO.8099/99 (FOR THEASSESSMENT YEAR 1986-87) DATED 26.03.1999 EXT.P11(A) TO (J)(SERIES): TRUE COPIES OF THE ASSESSMENT ORDERSPASSED UNDER THE KERALA AGRICULTURAL INCOME TAX ACT, FOR THEASSESSMENT YEARS 1987-88 TO 1996-97 EXT.P12(A) TO (J)(SERIES): TRUE COPIES OF THE ASSESSMENT ORDERSPASSED UNDER THE KARNATAKA AGRICULTURAL INCOME TAX ACT, FOR THEASSESSMENT YEARS 1986-87 TO 1996-97 EXT.P13: A TRUE COPY OF THE COMMUNICATION ISSUED BY THE ADDITIONALCOMMISSIONER OF INCOME TAX SPL.RANGE.1, ERNAKULAM DATED 13.12.2001 EXT.P14: TRUE COPIES OF THE NOTICE ISSUED UNDER SECTION 148 OF THE ITACT RESPONDENTS' EXHIBITS:NIL //TRUE COPY// P A TO JUDGE A.K.JAYASANKARAN NAMBIAR, J. ---------------------------------------------------------- O.P.NO.5855 OF 2002 ---------------------------------------------------------- Dated this the 20[th] day of October, 2014 J U D G M E N T It is submitted by the learned Senior counsel, Governmentof India, Taxes that the issue in this original petition already standscovered in favour of the petitioner by the judgment dated17.03.2008 in O.P.No.1687 of 2002 and connected cases.Accordingly, following the judgment of this Court in theaforementioned cases, this Original Petition is also allowed. A copyof the judgment dated 17.03.2008 in O.P.No.1687 of 2002 andconnected cases is annexed to this judgment and shall form partthereof. A.K.JAYASANKARAN NAMBIAR JUDGE mns