In Rc/121/1997 Of Vvv Satyanarayana Bhadrachalam v. Commr. Of Income Tax Ap Ii Hyd, the High Court (2012) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
HON’BLE THE CHIEF JUSTICE SHRI MADAN B. LOKURAND
HON’BLE SHRI JUSTICE SANJAY KUMAR
R.C.NO.121 OF 1997
DATED: 09.02.2012
Between
SRI V.V.V.SATYANARAYANA … Applicant
And
COMMISSIONER OF INCOME TAX
A.P. II, HYDERABAD … Respondent
HON’BLE THE CHIEF JUSTICE SHRI MADAN B. LOKURANDHON’BLE SHRI JUSTICE SANJAY KUMAR
R.C.NO.121 OF 1997
Order:(per Hon’ble the Chief Justice Shri Madan B. Lokur)
Learned counsel for the Revenue frankly states that this matteris required to be answered in favour of the Assessee and against theRevenue in view of the decision of this court in R.C.No.117 of 1992,dated 10.10.1996.
This Referred Case is answered, accordingly.
___________________MADAN B. LOKUR, CJ
___________________
SANJAY KUMAR, J
Dt: 09-02-2012
tnb
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue