The Commissioner of Income Tax, v. M/S.Kamadhenu Milk Products
Case brief
What is this about?
The High Court of Kerala disposed of Income Tax Appeal No. 39 of 2011 by relying on the earlier judgment in connected ITA No. 18/2010, which covered the same block period and parties. Noting that the earlier appeal was dismissed, the court answered the legal questions in favour of the Revenue, set aside the Tribunal order, and allowed the Income Tax Appeal.
What did the court decide?
Income Tax Appeal allowed; order of the Tribunal set aside.