The Income Tax Appeal filed by the Commissioner of Income Tax against the ITAT order was dismissed as withdrawn based on a Government Circular, with substantial questions of law left open.
Tax Case Appeal dismissed as withdrawn; substantial questions of law left open.
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 JUDICATURE AT MADRAS
Dated: 8/6/2016
The Honourable Mr.Justice S.Manikumar and The Honourable Mr.Justice D.Krishnakumar Tax Case Appeal No.609 of 2014
The Commissioner of Income Tax Chennai. ... Appellant/Respondent Vs M/s.Intimate Fashions (India) Pvt Ltd C/o.S.Venkatram & Co, Cas 218 TTK Road Alwarpet Chennai 600 018. ... Respondent/Appellant Prayer: Appeal filed against the order of the Income Tax Appellate Tribunal, Madras 'B' Bench, Chennai dated 28/6/2012 in ITA No.2116/Mds/2011 and against the order passed by the Assistant Commissioner of Income Tax, Company Circle II(3), Chennai-34 in PAN/GIR No.AAAC12706C dated 22/10/2010. For appellant : Mr.T.R.Senthil Kumar Senior Standing Counsel for Income Tax. For respondent : No appearance - - - - - -
J U D G M E N T (Judgment of the Court was made by S.Manikumar,J) This Appeal has been filed against the order of the Income Tax Appellate Tribunal, 'B' Bench, Madras, dated 28/6/2012.
“1. Whether on the facts and in the circumstances of the case, the Income Tax Appellate Tribunal was right in deleting the additions made on account of revision in Arms Length Price which resulted in adjustment of Rs.60,43,329/- for the assessment year 2006 – 2007 and Rs.11,03,219/- for the assessment year 2007 – 08 was not proper?
2.The Income Tax Appellate Tribunal Madras B Bench Chennai
3.The Assistant Commissioner of Income Tax Company Circle II(3) Chennai-34
+1 cc to Mr.T.R.Senthilkumar Advocate sr.30738/16
Tax Case Appeal No.609 of 2014
aa29/06/2016
Commissioner of Income Tax Chennai
M/s.Intimate Fashions (India) Pvt Ltd
S.Manikumar
D.Krishnakumar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
