The Commissioner of Income Tax-7 v. M/s. Sunita Pipes Pvt
Case at a glance
Key paragraphs
- Para 11. A short question raised in this appeal is, whether the Tribunal was justified in deleting the additions made in the hands of the assessee when in fact the very same amount has been offered to tax and accepted in the hands of two Directors…
Judgment
Mr. Suresh Kumar for appellant. Mr. A.K. Jasani for respondent. ..Respondent. CORAM : J.P. DEVADHAR AND MRS. MRIDULA BHATKAR, JJ. DATED : 11TH JANUARY, 2011 P.C. :-
#1. A short question raised in this appeal is, whether the Tribunal was justified in deleting the additions made in the hands of the assessee when in fact the very same amount has been offered to tax and accepted in the hands of two Directors i.e A.K. Bhatia and R.K. Bhatia. It is not disputed that the amount sought to be taxed in the hands of the assessee has already been taxed in the hands of A.K. Bhatia and R.K. Bhatia and the said order has attained finaility. In this view of the matter, we see no merit in the appeal and hence the same is dismissed with no order as to costs. (MRS. MRIDULA BHATKAR, J.) (J.P. DEVADHAR, J.)
Precedent status how later indexed judgments have treated this case
No known negative treatment found in the Courts & Cases corpus.
This is a result about the indexed corpus, not a finding that the judgment remains good law. Coverage may be incomplete.