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Income Tax Appellate Tribunal, ‘B’ BENCH, CHENNAI
Before: SHRI CHANDRA POOJARI & SHRI G. PAVAN KUMAR
आदेश / O R D E R PER BENCH:
All these appeals are filed by Revenue are directed against the different orders of the Commissioner of Income Tax (Appeals)-1, Coimbatore for the above assessment years. Since the issue in these appeals are common in nature, these appeals are clubbed, heard together, and disposed of by this common order for the sake of convenience. As far as in the case of M/s. SVA Syntex Pvt. Ltd is concerned, none appeared on behalf of the assessee, thus we dispose the case on merits after hearing the Departmental Representative .
We have heard both the sides and perused the material on 2. record. The only issue arises for consideration is with regard to deduction claimed by the assessee under Section 80-IA of the Income Tax Act, 1961 (in short ‘’the Act’’) in respect of windmills. The Assessing Officer rejected the claim of the assessees on the ground that the Department has filed a Special Leave Petition against the judgment of Madras High Court in Velayudhaswamy Spinning Mills (P)
:- 6 -: 1959, 1960, 1961, 1964, 1965, 1966, 1967, 1968, 1971, 1972/Mds/2015 Ltd vs. ACIT 231 CTR 368. However, the Commissioner of Income Tax (Appeals) by following the judgment of Madras High Court allowed the claim of the assessees.
Now the only contention of the Department before this Tribunal is that the Revenue has not accepted the judgment of Madras High Court and an appeal has already been filed along with Special Leave Petition and the same is pending before the Apex Court. This Tribunal is of the considered opinion that mere pendency of Special Leave Petition before the Apex Court cannot be a reason to take a different view. The judgment of Madras High Court is binding on all the authorities in the State of Tamil Nadu and Union Territory of Pondicherry. Therefore, the Commissioner of Income Tax (Appeals) has rightly allowed the claim of the assessees by following the binding judgment of Madras High Court in Velayudhaswamy Spinning Mills (P)
Ltd (supra). Therefore, this Tribunal do not find any infirmity in the order of the Commissioner of Income Tax (Appeals).
:- 7 -: 1959, 1960, 1961, 1964, 1965, 1966, 1967, 1968, 1971, 1972/Mds/2015 In the result, the appeals of the Revenue are dismissed. 4.
Order pronounced on Tuesday, the 8th day of December, 2015, at Chennai.