The Commissioner Of Income Tax(Central),Ludhiana v. Avon Cycles Ltd., G.t.road, Ludhiana
High Court
07 Nov 2013 In favour of: Unclear
Forum / Bench
High Court · phhc
Parties
The Commissioner Of Income Tax(Central),Ludhiana v. Avon Cycles Ltd., G.t.road, Ludhiana
Date of order
07 Nov 2013
Assessment year(s)
—
Outcome
Other
Case summary
In The Commissioner Of Income Tax(Central),Ludhiana v. Avon Cycles Ltd., G.t.road, Ludhiana, the High Court (2013) 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
Income Tax Reference No.34 of 1998
IN THE HIGH COURT OF PUNJAB AND HARYANA ATCHANDIGARH
Income Tax Reference No.34 of 1998 Date of Order: 07.11.2013
The Commissioner of Income Tax(Central),Ludhiana
...Appellant
Versus
Avon Cycles Ltd., G.T.Road, Ludhiana.
..Respondent
CORAM: HON'BLE MR. JUSTICE RAJIVE BHALLA HON'BLE MR. JUSTICE DR. BHARAT BHUSHAN PARSOON
Present: Ms. Savita Saxena, Advocatefor the appellant.
Mr. Ashok Bhan, Advocate andMr. Alok Mittal, Advocatefor the respondent.
RAJIVE BHALLA, J (Oral)
The Income Tax Appellate Tribunal has referred the
following substantial question of law:-
“Whether on the facts and in the circumstances ofthe case I.T.A.T. was right in holding that no interestu/s 215 is chargeable in this case?”
Counsel for the parties agree that a similar question hasalready been answered in favour of the assessee in ITA No.15 of2012 (O&M)(Commissioner of Income Tax-II, Chandigarhv. M/s
SAB Industries, Chandigarh), decided on 22.10.2013.
In view of agreement between counsel for the parties, the
Income Tax Reference No.34 of 1998
-2-
2012 (O&M) (Commissioner of Income Tax-II, Chandigarhv. M/s
SAB Industries, Chandigarh), decided on 22.10.2013.
(RAJIVE BHALLA)
JUDGE
November 07, 2013nt
(DR. BHARAT BHUSHAN PARSOON) JUDGE
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