In Rc/72/2000 Of The Commissioner Of Income Tax v. C.veeraraghavulu Palakol, 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. LOKURANDHON’BLE SHRI JUSTICE B.N.RAO NALLA
R.C.NO.72 OF 2000
DATED: 29.03.2012
Between
THE COMMISSIONER OF INCOME TAXVISAKHAPATNAM … Applicant
AndSHRI CHODAGIRI VEERARAGHAVULUPALAKOL … Respondent
HON’BLE THE CHIEF JUSTICE SHRI MADAN B. LOKURAND
HON’BLE SHRI JUSTICE B.N.RAO NALLA
R.C.NO.72 OF 2000
Order:(per Hon’ble the Chief Justice Shri Madan B. Lokur)
Learned counsel for the Revenue very frankly says that in viewof the decision of this court in R.C.No.24 of 2000 decided on 20-12-2011 the Reference is required to be answered in favour of theAssessee and against the Revenue. We do so, accordingly.
___________________
MADAN B. LOKUR, CJ___________________ B.N.RAO NALLA, J
Dt: 29-03-2012
tnb
HON’BLE THE CHIEF JUSTICE SHRI MADAN B. LOKURANDHON’BLE SHRI JUSTICE B.N.RAO NALLA
R.C.NO.72 OF 2000
Order:(per Hon’ble the Chief Justice Shri Madan B. Lokur)
tnb
DATED: 29-03-2012.
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