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2019 (12) TMI 1522 - HC - Income TaxOrder passed by CIT u/s 264 - rejecting the prayer of the petitioner, on the ground, that the petitioner has not filed the copy of the Auditor Statement under Section 80 JJAA - HELD THAT:- As petitioner submitted that the issue can be decided by the respondents in the light of the decision of the Madras High Court in The Commissioner of Income Tax vs. AKS Alloys P.Ltd.[2011 (12) TMI 39 - MADRAS HIGH COURT] and in The Commissioner of Income Tax vs. Punjab Financial Corporation [2001 (12) TMI 50 - PUNJAB AND HARYANA HIGH COURT] and the decision of GM Knitting Industries P. Ltd [2015 (11) TMI 397 - SC ORDER]. Since the issue was covered by the aforesaid decisions, the impugned order is set aside. This case is remitted back to the Commissioner of Income Tax to pass appropriate orders after considering the aforesaid decisions.
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