In Rc/69/1996 Of M.narasimha Rao v. The Comm.income Tax. Hyd, the High Court (2012) dismissed the appeal. The decision went in favour of the Revenue.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
HONOURABLE THE CHIEF JUSTICE SHRI MADAN B.LOKURANDHONOURABLE SHRI JUSTICE SANJAY KUMAR
REFERRED CASE NO.69 OF 1996
Dt: 02-02-2012.Between:SRI M.NARASIMHA RAOVISAKHAPATNAM .. APPLICANTANDTHE COMMISSIONER OF INCOME TAXVISAKHAPATNAM .. RESPONDENT
HONOURABLE THE CHIEF JUSTICE SHRI MADAN B.LOKURANDHONOURABLE SHRI JUSTICE SANJAY KUMAR
REFERRED CASE NO.69 OF 1996
JUDGMENT : (PER HON’BLE THE CHIEF JUSTICE SHRI MADAN B.LOKUR)
There is no appearance on behalf of the assessee.
Under the circumstances, we decline to answer this Referred Case. Accordingly, this Referred Case is dismissed.
Dt: 02-02-2012.
( MADAN B.LOKUR, CJ )
( SANJAY KUMAR, J )
TNB
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