IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.N.RAMACHANDRAN NAIR & THE HONOURABLE MR. JUSTICE T.R.RAMACHANDRAN NAIR THURSDAY, THE 31ST JANUARY 2008 / 11TH MAGHA 1929 ITA.No. 213 of 2001() --------------------- ITA.560/1996 of I.T.A.TRIBUNAL,COCHIN BENCH .................... APPELLANT:APPELLANT: ----------------- THE COMMISSIONER OF INCOME TAX, KOTTAYAM. BY ADV. SRI.P.K.R.MENON(SR.),SC FOR IT GEORGE.K.GEORGE RESPONDENTS: ------------- SHRI. A.M. MOOSA, BHARATH SEA FOODS, CHANDIROOR. BY ADV. SRI.C.KOCHUNNY NAIR SRI.DALE P.KURIEN THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON 31/01/2008 THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: C .N. RAMACHANDRAN NAIR & T.R. RAMACHANDRAN NAIR, JJ. -------------------------------------------- I.T.A. No. 213 OF 2001 -------------------------------------------- Dated this the 31st day of January, 2008 JUDGMENT C.N. Ramachandran Nair,J. Since the issue raised is covered in favour of the revenue and against the assessee vide decision of the Supreme Court in C.I.T. V. RAVINDRANATHAN NAIR, 295 I.T.R. 228, this appeal is allowed reversing the order of the Tribunal and restoring the assessment pertaining to computation of relief under Section 80HHC of the I.T. Act. (C.N.RAMACHANDRAN NAIR) Judge. (T.R.RAMACHANDRAN NAIR) Judge. kk 2