The Assessee In Cit v. The Reference Is Answered Accordingly

THE HON’BLE SRI JUSTICE L.NARASIMHA REDDYANDTHE HON’BLE SRI JUSTICE CHALLA KODANDA RAMR.C.No. 162 of 2000 ORDER:(per the Hon’ble Sri Justice L.Narasimha Reddy) This reference is made by the Income Tax AppellateTribunal, Hyderabad Bench ‘B’ at the instance of the Revenuethrough an order passed in R.A.No.722/Hyd/96 inI.T.A.No.1985/Hyd/90. The following question was referred to this Court: “Whether on the facts and in the circumstancesof the case, the ITAT was correct in law in directing thatin working out the disallowance under Rule 6D all trips ofthe year should be taken as a whole and not on the trip totrip basis, in spite of the decision of the A.P. High Court inthe case of Coromandal Fertilizers in favour of theDepartment?” Learned Senior Counsel for the Department and thelearned counsel for the respondent submit that an identicalquestion was answered in favour of the Department and against the assessee in CIT Vs. Coromandal Fertilizers Limited[[1]].Hence, we answer the question in favour of the Department andagainst the respondent. The reference is answered accordingly. REDDY,J _____________________ L.NARASIMHA ________________________ CHALLA KODANDA RAM,J Dt:24.06.2014kdl [1](1996) 220 ITR 298 (A.P.)