The High Court of Kerala disposed of reference cases ITR 142 & 143 of 1999 by following the Supreme Court's decision in SEA Pearl Industries. The court ruled in favor of the revenue against the assessee.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT :
THE HONOURABLE MR. JUSTICE C.N.RAMACHANDRAN NAIR & THE HONOURABLE MR. JUSTICE T.R.RAMACHANDRAN NAIR WEDNESDAY, THE 13TH FEBRUARY 2008 / 24TH MAGHA 1929
ITR.No. 142 of 1999()
--------------------AGAINST THE ORDER IN RA 75/COCH/95 IN ITA.45/COCH/1990 of I.T.A.TRIBUNAL,COCHIN BENCH ....................
APPLICANT: -----------
COMMISSIONER OF INCOME TAX, COCHIN.
BY ADV. SRI.P.K.R.MENON(SR.),SR.COUNSEL FOR IT SRI.GEORGE K. GEORGE, SC FOR IT
RESPONDENTS:
M/S. SEA PEARL INDUSTRIES, CHANDIROOR, ALLEPPEY DIST.
BY ADV. SRI.C.KOCHUNNY NAIR SRI.DALE P.KURIEN
THIS TAX REFERENCE HAVING BEEN FINALLY HEARD ON 13/02/2008, ALONG WITH ITR 143 OF 1999, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
C .N. RAMACHANDRAN NAIR & T.R. RAMACHANDRAN NAIR, JJ.
I.T.R. No. 142 & 143 OF 1999
Dated this the 13th day of February, 2008
JUDGMENT
C.N. Ramachandran Nair,J.
Since the question raised is covered in favour of the revenue and against the assessee vide decision of the Supreme Court in SEA
PEARL INDUSTRIES V. C.I.T., (2001) 247 I.T.R. 578, reference cases are disposed of answering the questions referred in favour of the revenue and against the assessee.
A copy of this judgment under the seal of the High court and the signature of the Registrar shall be forwarded to the Income-tax Appellate Tribunal, Cochin Bench, Cochin.
(C.N.RAMACHANDRAN NAIR) Judge.
(T.R.RAMACHANDRAN NAIR) Judge.
kk
2
Colour shows how this judgement treated each authority
SEA Pearl Industries v. C.I.T.Followed¶19
SEA PEARL INDUSTRIES V. C.I.T., (2001) 247 I.T.R. 578
Commissioner of Income Tax, Cochin
M/s. Sea Pearl Industries, Chandiroor, Alleppey Dist.
C.N. Ramachandran Nair
T.R. Ramachandran Nair
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
