Rubykon Manufacturing Company v. Commissioner Of Income Tax

IN THE HIGH COURT OF HIMACHAL PRADESH, SHIMLA ITA No.55 of 2017 Date of decision: 05.12.2017 Rubykon Manufacturing Company ..Appellant Versus Commissioner of Income Tax … Respondent Coram: The Hon’ble Mr. Justice Sanjay Karol, Acting Chief Justice The Hon’ble Mr. Justice Ajay Mohan Goel, Judge Whether approved for reporting? For the appellant: Mr.Amit Singh Chandel, Advocate. For the respondent: Mr.Vinay Kuthiala, Senior Advocate, with Ms.Vandana Kuthiala, Advocate. ________________________________________________________________________________ Sanjay Karol, Acting Chief Justice (oral) It is not in dispute that the substantial questions of law raised in the present appeal are no longer res integra and are covered by the judgment dated 28[th]November, 2017, rendered by this Court in ITA No.20 of 2015, titled as M/s Stovekraft India vs. Commissioner of Income Tax. The assessee has already availed the benefit of exemption to the extent of limit prescribed under the Income Tax Act. 2. As such, as prayed for, we dispose of the present appeal, making the directions issued in M/s Stovekraft India (supra) mutatis mutandi applicable to the present case also. Pending applications, if any, also stand disposed of. ( Sanjay Karol ) Acting Chief Justice December 5, 2017 (vt) ( Ajay Mohan Goel ) Judge