Rc/124/1999 Of The Commissioner Of Income Tax Hyd v. M/S Ideal Chemiclas Ltd.hyd
High Court
28 Mar 2012 In favour of: Unclear
Forum / Bench
High Court · taphc
Parties
Rc/124/1999 Of The Commissioner Of Income Tax Hyd v. M/S Ideal Chemiclas Ltd.hyd
Date of order
28 Mar 2012
Assessment year(s)
—
Outcome
Other
Case summary
In Rc/124/1999 Of The Commissioner Of Income Tax Hyd v. M/S Ideal Chemiclas Ltd.hyd, the High Court (2012) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
HONOURABLE THE CHIEF JUSTICE SHRI MADAN B.LOKURANDHONOURABLE SHRI JUSTICE SANJAY KUMAR
R.C. NO.124 OF 1999
DATED 28THMARCH, 2012
Between
Commissioner of Income-tax,AP-II, Hyderabad.
…Applicant
AND
M/s.I.D.L.Chemicals Ltd.,
Hyderabad.
…Respondent
HONOURABLE THE CHIEF JUSTICE SHRI MADAN B.LOKURANDHONOURABLE SHRI JUSTICE SANJAY KUMAR
R.C. NO.124 OF 1999
ORDER: (PER HON’BLE THE CHIEF JUSTICE SHRI MADAN B.LOKUR)
Learned counsel for the Revenue frankly says that the questionsraised in this Referred Case are squarely covered by a decisionrendered on 03.11.2010 by a Division Bench of this Court inR.C.Nos.11 and 13 of 1996.
2. Following the same, the questions raised in this Referred Caseare required to be answered in favour of the assessee and against theRevenue. We do so accordingly.
3. The Referred Case stands disposed of.
( MADAN B.LOKUR, CJ )
( SANJAY KUMAR, J )
28 MARCH, 2012.
VGSR
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