The Commissioner Of Income Tax,Chennai v. M/S.akshaya Pvt Ltdg Square, 46, Rajiv Gandhi Salaikandanchavadi, Chennai – 600 096
High Court
07 Feb 2017 In favour of: Assessee
Forum / Bench
High Court · hc_cis_mas
Parties
The Commissioner Of Income Tax,Chennai v. M/S.akshaya Pvt Ltdg Square, 46, Rajiv Gandhi Salaikandanchavadi, Chennai – 600 096
Date of order
07 Feb 2017
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In The Commissioner Of Income Tax,Chennai v. M/S.akshaya Pvt Ltdg Square, 46, Rajiv Gandhi Salaikandanchavadi, Chennai – 600 096, the High Court (2017) dismissed the appeal. The decision went in favour of the assessee.
Decision: 2.In view of the above, the appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT MADRAS
CORAM
THE HONOURABLE MR.JUSTICE RAJIV SHAKDHERAndTHE HONOURABLE DR.JUSTICE ANITA SUMANTH
T.C.A.No.56 of 2017
The Commissioner of Income Tax,Chennai. ... Appellant/Appellant
Vs.
M/s.Akshaya Pvt LtdG Square, 46, Rajiv Gandhi SalaiKandanchavadi, Chennai – 600 096.
... Respondent/Respondent
Prayer:
Appeal filed under Section 260-A of the Income Tax Act,
1961, against the order dated 14.06.2016 passed inI.T.A.666/Mds/2016 by the Income Tax Appellate Tribunal, Madras,“A” Bench, Chennai.
For Appellant
: Mr.T.Ravikumar
(Order of the Court was made by RAJIV SHAKDHER,J.)
1.Learned counsel for the Revenue fairly states that thequestion of law raised in the appeal is covered against theRevenue, in view of the judgment of the Supreme Court renderedin Commissioner of Income Tax Vs.Veena Developers ((2015) 277CTR 0297 (SC)).
2.In view of the above, the appeal is dismissed. However,there shall be no order as to costs.
sd/
Sub Assistant Registrar
+1cc to Mr.T.Ravikumar, Advocate SR.No.7845
PK(CO)GN(22/02/2017)
https://hcservices.ecourts.gov.in/hcservices/
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