IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.N.RAMACHANDRAN NAIR & THE HONOURABLE MR. JUSTICE K.SURENDRA MOHAN FRIDAY, THE 27TH FEBRUARY 2009 / 8TH PHALGUNA 1930 ITA.No. 151 of 2008() --------------------- ITA.235/COCH//1999 of I.T.A.TRIBUNAL,COCHIN BENCH .................... APPELLANT/APPELLANT: -------------------- THE COMMISSIONER OF INCOME-TAX, TRIVANDRUM. BY ADV. SRI.P.K.R.MENON,SR.COUNSEL, GOI(TAXES) SRI.GEORGE K. GEORGE, SC FOR IT RESPONDENT(S): --------------- KERALA NUT FOOD CO., KOLLAM. THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON 27/02/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: C.N.RAMACHANDRAN NAIR & K.SURENDRA MOHAN, JJ. .................................................................... I.T. Appeal No.151 of 2008 .................................................................... Dated this the 27th day of February, 2009. JUDGMENT Ramachandran Nair, J. We find that subsequent to impugned order of the Tribunal, the Supreme Court has rendered judgment in IPCA LABORATORY LTD. V. DEPUTY COMMISSIONER OF INCOME-TAX (2004) 266 ITR 521, on the third question raised in the appeal. Similarly in COMMISSIONER OF INCOME-TAX V. K.RAVINDRANATHAN NAIR (2007) 295 ITR 228, Supreme Court has held that processing charge forms part of turnover. We do not find any justification to interfere with the findings of the Tribunal pertaining to legal charges allowed. In view of the above decisions, the appeal is allowed in part by setting aside the order of the Tribunal and remanding the matter back to the Assessing Officer for recomputation of eligible relief under 2 Section 80 HHC of the Income Tax Act following the judgments of the Supreme Court referred above. C.N.RAMACHANDRAN NAIR Judge K.SURENDRA MOHAN Judge pms