The High Court of Judicature at Madras dismissed a Tax Case Appeal filed by the Commissioner of Income Tax against the ITAT order. The appeal was withdrawn by the appellant's counsel, though the substantial questions of law regarding capitalization of expenses were left open.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.876 of 2013
The Commissioner of Income Tax Chennai. ... Appellant /Respondent
Vs
M/s.IT Expressway Limited Sindhur Panteon Plaza 346 Pantheon Road Chennai 600 008.
... Respondent/Appellant
Prayer: Appeal filed against the order of the Income Tax Appellate Tribunal, Madras 'D' Bench, Chennai, dated 18/7/2013 in ITA No.795/Mds/2013 against the Order of the Commissioner of Income Tax(Appeals)-I, Coimbatore dated 13/2/2013 in Appeal NO.85/08-09 for the Assessment year 2006-2007 in PAN No.G.I.R.NO.AABCI 2550H mising out of order of the Icome Tax Officer Company ward-II(1) Chennai on GIR.NO/PAN AAECI 2550H dated 23/11/2008 for the Assessment year 2006-2007.
For appellant : Mr.T.R.Senthil Kumar Senior Standing Counsel for Income Tax.
For respondent : No appearance - - - - - -
This Appeal has been filed against the order of the Income Tax Appellate Tribunal, 'D' Bench, Madras, dated 18/7/2013.
“1. Whether on the facts and in the circumstances of the case, the Tribunal was right in holding that the cost of erection of barricades and maintenance amounting to Rs.52,20,830/- is to be allowed and should be set of against the advertisement of income amounting to Rs.30,60,000/-?
4.The Income Tax Appellate Tribunal, Madras D Bench Chennai
+1 cc to Mr.T.R.Senthil Kumar Advocate sr.30734/16
Tax Case Appeal No.876 of 2013
aa24/06/2016
The Commissioner of Income Tax Chennai
M/s.IT Expressway Limited
S.Manikumar
D.Krishnakumar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
