9911796707
TMI Blog2015 (2) TMI 1228X X X X Extracts X X X X X X X X Extracts X X X X ..... e by reason of decision of this Court rendered in assessee's own case - T.C.(A). Nos. 1305 and 1306 of 2007 - - - Dated:- 2-2-2015 - R. Sudhakar And S. Vimala, JJ. For the Appellant : Venkat Narayanan, M/s. Subbaraya Aiyar For the Respondents : T. Ravi Kumar JUDGMENT R. Sudhakar, J. The assessee has filed these appeals assailing the order of the Income Tax Appellate Trib ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d by a decision of a Division Bench of this Court in EID Parry Vs The Asst. Commissioner of Income Tax, Chennai (T.C. (A) No.2511/06 dated 30.10.12) . In the said judgment, this Court considered two questions of law as under: (i) Whether on the facts and in the circumstances of the case, the Appellate Tribunal was right in law in upholding the estimate of expenses at 2% deemed to have be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... judgment dated 17.12.2014 made in T.C.(A) No.524 of 2007 ( Commissioner of Income Tax v. Tube Investments of India Ltd ) and identical questions of law were answered against the assessee. 4. In view of the decisions referred supra, these appeals are dismissed answering the questions of law raised in these appeals against the assessee and in favour of the Revenue. No costs. - - TaxTMI - TMI ..... X X X X Extracts X X X X X X X X Extracts X X X X
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