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 14TH FEBRUARY 2008 / 25TH MAGHA 1929 ITR.No. 260 of 1999() --------------------- RA.51/1990 IN I.T.A.NO. 53/COCHIN/85 of I.T.A.TRIBUNAL,COCHIN BENCH .................... APPLICANT: ----------- THE COMMISSIONER OF INCOME TAX, COCHIN BY ADV. SRI.P.K.R.MENON(SR.),SR.COUNSEL FOR IT SRI.GEORGE K. GEORGE, SC FOR IT RESPONDENTS: ------------- M/S. WANDOOR JUPITOR CHITS (P) LTDL., ERNAKULAM. BY ADV. SRI.N.F.JAMES FOR R THIS TAX REFERENCE HAVING BEEN FINALLY HEARD ON 14/02/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: C .N. RAMACHANDRAN NAIR & T.R. RAMACHANDRAN NAIR, JJ. -------------------------------------------- I.T.R. No. 260 OF 1999 -------------------------------------------- Dated this the 14th day of February, 2008 JUDGMENT C.N. Ramachandran Nair,J. Since the question referred is covered against the respondent- assessee, in the assessee's own case, vide decision in C.I.T. V. WANDOOR JUPITOR CHITS(P) LTD., (2003) 183 CTR (Ker.) 316, we dispose of the reference answering the question referred in favour of the revenue and against the assessee. The Tribunal will pass consequential orders. A copy of this judgment under the seal of the High court and the signature of the Registrar, shall be forwarded to the Income-tax Appellate Tribunal, Cochin Bench, Cochin. (C.N.RAMACHANDRAN NAIR) Judge. (T.R.RAMACHANDRAN NAIR) Judge. kk 2