LAWS(DLH)-2012-5-471

COMMISSIONER OF INCOME TAX Vs. HAVELLS INDIA LTD

Decided On May 21, 2012
COMMISSIONER OF INCOME TAX Appellant
V/S
Havells India Ltd Respondents

JUDGEMENT

(1.) These are two appeals filed by the Revenue under Section 260A of the Income Tax Act, 1961 (Act, for short). They relate to the assessment year 2005-06. Both the appeals arise out of the common order passed by the Income Tax Appellate Tribunal on 27.05.2011 in cross appeals filed by the assessee and the Revenue in ITA No.1300/Del/2010 and ITA No.2093/Del/2010 respectively.

(2.) The following substantial questions of law were framed by us: -

(3.) We are concerned with the assessment year 2005-06. The assessee is a company engaged in the manufacture of switch gears, energy meters, cables and wires, electrical fans, compact florescent lamp and related components. It also trades in luminaires, lighting fixtures and exhaust fans.