ITO, Ward-10(5), Hyderabad, Hyderabad V. Gautham Chand Jain (HUF), Sec'bad, Secunderabad

ITA 1361/HYD/2015

• Counselvise Citation: [2018] 121 COUNSELVISE.COM (IT) 6030 (ITAT-HYDERABAD)
• Duration Of Justice: 2 year(s) 4 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-04-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 09-04-2018
• Assessment Year: 2011-2012
• Appeal Filed On: 09-12-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

ITA NO 1361 OF 2015 GAUTHAM C HAND JAIN HUF SECUNDERABAD. PAGE 3 OF 3 WHICH BOTH OF US ARE SIGNATORIES) IN THE ASSESSEES OWN CASE FOR THE A.Y 2012-13, WE HOLD THAT NO DISALLOWANCE U/S 1 4A CAN BE MADE. SINCE THE CIT (A) HAS FOLLOWED THE DECISION O F THE SPECIAL BENCH OF THE ITAT IN THE CASE OF CHEMINVEST VS. ITO WHICH HAS BEEN CONFIRMED BY THE HON'BLE DELHI HIGH COURT, WE SEE NO REASON TO INTERFERE WITH HIS ORDER. 4. IN THE RESULT, REVENUES APPEAL IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 9 TH APRIL, 2018. SD/- SD/- (S.RIFAUR RAHMAN) ACCOUNTANT MEMBER (P. MADHAVI DEVI) JUDICIAL MEMBER HYDERABAD, DATED 9 TH APRIL 2018. VINODAN/SPS COPY TO: 1 ITO WARD 10(5) ROOM NO.517, 5 TH FLOOR, A BLOCK, IT TOWERS, AC GUARDS, HYDERABAD 2 M/S. GAUTHAM CHAND JAIN (HUF) SURVEY NO.33, 10-33 -56, EAST MARREDPALLY, SECUNDERABAD 3 CIT (A)-7, HYDERABAD 4 PR. CIT 7, HYDERABAD 5 THE DR, ITAT HYDERABAD 6 GUARD FILE BY ORDER