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 TUESDAY, THE 22ND JANUARY 2008 / 2ND MAGHA 1929 ITA.No. 15 of 2001() -------------------- ITA.649/COCH/1996 of I.T.A.TRIBUNAL,COCHIN BENCH .................... APPELLANT:- ----------------- THE COMMISSIONER OF INCOMETAX, THIRUVANANTHAPURAM. BY ADV. SRI.P.K.R.MENON(SR.),SR.COUNSEL FOR IT SRI.GEORGE K. GEORGE, SC FOR IT RESPONDENT:- --------------------- M/S.CHARANGATTU COIR MFG.COP.(P) LTD; CHERTHALA, PIN – 688 5567, ALAPPUZHA DISTRICT. BY ADV. SRI.B.S.KRISHNAN (SR.) SRI.K.ANAND (A.201) SMT.LATHA KRISHNAN THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON 22/01/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: C.N.RAMACHANDRAN NAIR & T.R.RAMACHANDRAN NAIR, JJ. ========================= I.T.Appeal No. 15 of 2001. ========================= Dated this the 22nd day of January, 2008. C.N.Ramachandran Nair, J. J U D G M E N T Since the issues raised are covered by the decisions of the Supreme Court in favour of the Revenue reported in Commissioner of Income-Tax v. K.Ravindranathan Nair (295 ITR 228) and Commissioner of Income-Tax v. Dr.V.P.Gopinathan (248 ITR 449), we allow the appeal following the said judgments and set aside the order of the Tribunal on the issues raised. C.N.RAMACHANDRAN NAIR, JUDGE. T.R.RAMACHANDRAN NAIR, JUDGE. kvs/-