The Commissioner of Income Tax-III, Hjyderabad vs. M/S. Suryalatha Spinning Mills Limited
ITTA/158/2006HC Telangana03 Jan 2018
Bench: C.V.NAGARJUNA REDDY,T.AMARNATH GOUD
For Appellant: Mr.B.Narasimha SarmaFor Respondent: Mr.Challa Gunaranjan
Section 37Section 7Section 80H
…Mills Private Limited (3 supra). 4. In this view of the matter, the substantial question of law No.1 raised in these appeals is answered in favour of the revenue and, 2 (2005) 275 ITR 403 (Mad) 3 (2011) 11 SCC 656 4 (2007) 293 ITR 201 (SC) CVNR,J & TA, J I.T.T.A.Nos.157, 158&261 of 2006 Date: 03.01.2018 4 accordingly, on this aspect, the common order of the Tribunal is set aside. The appeals are, accordingly, party allowed in favour of the revenue only on substantial question of law No.1, while confirming the order of the Tribunal on s…