2017 (3) TMI 1255

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....dgment of the Court was delivered by Rajiv Shakdher, J. ) 1. The present appeal has been filed by the assessee under Section 260A of the Income Tax Act, 1961 (in short 'the Act'). The appeal pertains to the Assessment Year (AY) 2004-05. The impugned judgment of Income Tax Appellate Tribunal, 'A' Bench, Chennai, (in short 'the Tribunal') is dated 28.08.2015. 2. The Tri....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....C.A.No.157 of 2017, titled Commissioner of Income-Tax, Madurai vs. M/s.Shri.T.P.Textiles Private Limited: i. M/s.Multivista Global Ltd. vs. The Asst. Commissioner of Income Tax, TCA. No.402 of 2013 ii. M/s.Brakes India Ltd. vs. The Deputy Commissioner of Income Tax, TCA. No.551 of 2013 iii. M/s.Abi Showatech (India) Ltd. vs. The Deputy/Asst. Commissioner of Income Tax, T....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s made to fixed assets in the second half of the assessment year 2003-04 ?'' 5. In view of the aforementioned judgments, it is agreed by the learned counsels for both parties that question no. (iii) will have to be answered in favour of the assessee. It is ordered accordingly. 6. We are informed by the learned counsel for the assessee that the other two questions of law, which were r....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....alt with not only, the issue pertaining to carry forward of the balance additional depreciation to the subsequent year, but also other aspects, qua which no appeal was preferred by the assessee. 6.3. It is the submission of Mr.Swaminathan that as long as the Court clarifies that the impugned judgment of the Tribunal will remain intact qua other issues, he would have no difficulty in the appeal ....