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Supreme Court - Daily Orders

Commr.Of Income Tax,Chennai vs M/S Chemplast Sanmar Ltd. on 10 September, 2014

Bench: Kurian Joseph, Rohinton Fali Nariman

                                                        1

                                    IN THE SUPREME COURT OF INDIA
                                     CIVIL APPELLATE JURISDICTION

                                     CIVIL APPEAL NO.2981 OF 2008

                   COMMISSIONER OF INCOME TAX,CHENNAI                     APPELLANT(S)

                                                       VERSUS
                   M/S CHEMPLAST SANMAR LTD.                              RESPONDENT(S)


                                              O    R   D    E   R

                                Heard Mr. K. Radhakrishnan, learned senior

                   counsel for the appellant.

                                Having considered Appendix-I read with Rule

                   5     of   the   Income   Tax   Rules,       particularly,    Part-A,

                   which deals with Tangible Assets and Clause (v) Gas

                   Cylinders including        valves        and regulators under the

                   sub-heading       Machinery     and      Plant,   we    are   of   the

                   opinion that the view taken by the Madras High Court

                   in the impugned judgment following a decision of the

                   Delhi High Court in 'Commissioner of Income Tax vs.

                   Goyal MG Gases Ltd., (2006) 201 CTR 342', does not

                   call for any interference in the civil appeal. Civil

                   appeal is, accordingly, dismissed with no order as to
Signature Not Verified

Digitally signed by
NEETU KHAJURIA
Date: 2014.09.17
17:21:26 IST
                   costs.
Reason:



                                                                                  ...2/-
                               2

     SPECIAL LEAVE PETITION (CIVIL) NOS. 21843 OF 2012,
 21844 OF 2012, 21845 OF 2012, 21847 OF 2012, 22612 OF 2012,
29764 OF 2013, 16496 OF 2014, 13260 OF 2014 and 19164 OF 2014


            In view of the order passed by us in the

aforesaid    civil   appeal,   we    are   satisfied   that   no

interference is called for in the impugned orders.

The    special   leave    petitions        are,   accordingly,

dismissed.

                                    ........................CJI.
                                    ( R.M. LODHA )



                                    ..........................J.
                                    ( KURIAN JOSEPH )



NEW DELHI;                          ..........................J.
SEPTEMBER 10, 2014                  ( ROHINTON FALI NARIMAN )
                                     3

ITEM NO.105                  COURT NO.1                 SECTION IIIA

                S U P R E M E C O U R T O F       I N D I A
                        RECORD OF PROCEEDINGS

                   CIVIL APPEAL   NO(S).    2981 OF 2008

COMMR.OF INCOME TAX,CHENNAI                             Appellant(s)

                                   VERSUS

M/S CHEMPLAST SANMAR LTD.                               Respondent(s)

(With office report for direction)

WITH
SLP(C) No. 21843/2012
(With Office Report)
SLP(C) No. 21844/2012
(With Office Report)
SLP(C) No. 21845/2012
(With Office Report)
SLP(C) No. 21847/2012
(With Office Report)
SLP(C) No. 22612/2012
(With Office Report)
SLP(C) No. 29764/2013
(With Office Report)
SLP(C) No. 16496/2014
(With appln.(s) for c/delay in filing SLP and Office Report)
SLP(C) No. 13260/2014
(With Interim Relief and Office Report)
SLP(C) No. 19164/2014
(With Office Report)

Date : 10/09/2014 These matters were called on for hearing today.

CORAM :
              HON'BLE THE CHIEF JUSTICE
              HON'BLE MR. JUSTICE KURIAN JOSEPH
              HON'BLE MR. JUSTICE ROHINTON FALI NARIMAN

For Appellant(s)     Mr.   K. Radhakrishnan, Sr. Adv.
                     Mr.   S.A. Haseeb, Adv.
                     Ms.   Sadhna Sandhu, Adv.
                     Ms.   Anil Katiyar, Adv.
                     Mr.   B. V. Balaram Das,Adv.
                                      4



For Respondent(s)   Mr.   S. Ganesh, Sr. Adv.
                    Ms.   Vanita Bhargava, Adv.
                    Mr.   Ajay Bhargava, Adv.
                    Mr.   Nitin Mishra, Adv.
                    For   M/s. Khaitan & Co.

                    Mr. Amar Dave, Adv.
                    Mr. S. Ravi Shankar,Adv.

                    Ms. Radha Rangaswamy,Adv.

          UPON hearing the counsel the Court made the following
                             O R D E R

Delay condoned.

Civil Appeal and special leave petitions are dismissed in terms of the signed order.

Pending application(s), if any, stand disposed of.



         (Neetu Khajuria)                             (Renu Diwan)
              Sr.P.A.                                 Court Master

(Signed order is placed on the file)