C. I. T. , Jammu vs Shree Balaji Alloys

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

2016 Supreme(SC) 1567

KURIAN JOSEPH, R.BANUMATHI
C. I. T. , Jammu – Appellant
Versus
Shree Balaji Alloys – Respondent

Advocates Appeared:
For the Appellants : Mr. K. Radhakrishnan, Mr. Arijit Prasad, Ms. Sadhana Sandhu, Ms. Rashmi Malhotra, Ms. Gargi Khanna, Mr. S.A. Haseeb, Mr. Rupesh Kumar, Mr. D.L. Chidananda, Mrs. Anil Katiyar, Mr. B.V. Balaram Das
For the Respondents: Mr. Ajay Vohra, Ms. Kavita Jha, Mr. Jay Savla, Mr. Abhinav Sharma, Mr. Shreyas Mehrotra, Mr. Bhargava V. Desai, Ms. Saumya Mehrotra, Mr. Prateesh Kapoor, Mr. Ranjit B. Raut, Ms. Bina Gupta, Mr. Abhay A. Jena
For the Intervention :Mr. U.A. Rana, Ms. Mridul Elker Mazumdar, Mr. Himanshu Mehta, Advocates for M/s Gagrat & Co.

ORDER :

Heard Mr. K. Radhakrishnan, learned senior counsel appearing for the Revenue as well as Mr. Ajay Vohra, learned senior counsel appearing for the respondents.

2. The issue raised in these appeals is covered against the Revenue by the decision of this Court in "Commissioner of Income Tax, Madras v. Ponni Sugars and Chemicals Ltd.", reported in (2008) 9 SCC 337, or in the alternate, in "Commissioner of Income Tax v. M/s Meghalaya Steels Ltd.", reported in (2016) 3 SCALE 192.

3. The appeals are, therefore, dismissed.

4. No costs.

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