TMI Blog2014 (10) TMI 400X X X X Extracts X X X X X X X X Extracts X X X X ..... 5A – following the decision in Commissioner of Income Tax, Faridabad Versus M/s Lakhani Rubber Udyog (P) Ltd. [2011 (2) TMI 546 - PUNJAB AND HARYANA HIGH COURT] - The nature of entry tax being as such it has nothing to do with the goods, it cannot become part of stock as it did not relate to it and hence, was not worked out by the appellant company or disclosed in the books of account - section 14 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al. C.M.No.14673-CII of 2014 Allowed as prayed for. Income Tax Appeal No.211 of 2014 The revenue is before us challenging orders dated 24.03.2011(Annexure A-II) and 10.08.2011(Annexure A-III),passed by the CIT(A) and the Income Tax Appellate Tribunal, Delhi Bench 'D', New Delhi, respectively. Counsel for the revenue submits that the ITAT as well as CIT(A) have erred in delet ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d reliance upon an order passed by the Tribunal in Income Tax Appeal No.3208/Del/2007 titled Lakhani Rubber Udyog Ltd. v. CIT (A), Faridabad. Admittedly, the order has been affirmed by this Court by dismissal of ITA No.312 of 2010 titled Commissioner of Income Tax, Faridabad v. M/s Lakhani Rubber Udyog(P) Ltd., on 08.02.2011. Counsel for the revenue is unable to distinguish these judgments or r ..... X X X X Extracts X X X X X X X X Extracts X X X X
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