By Sri Y v. Raviraj, Advocate

IN THE HIGH COURT OF KARNATAKADHARWAD BENCH Dated this the 16[th] day of December 2016 Present THE HON’BLE MR. JUSTICE RAGHVENDRA S. CHAUHAN And THE HON’BLE MR. JUSTICE SREENIVAS HARISH KUMAR Income Tax Appeal No.100196/2015 Between 1. The Commissioner of Income Tax, Dr. B.R. Ambedkar Veedhi, Belagavi. 2. The Assistant Commissioner of Income Tax, Circle-1, Belagavi. …Appellants (By Sri Y. V. Raviraj, Advocate) And: Shree Basaveshwar Co-op. Bank Ltd., CTS No.704 & 705, 1[st] Floor, Ravivar Peth, Belagavi. PAN . …Respondent (By Sri H.R.Kambiyavar, Advocate) This appeal is filed under Section 260A of the Income-Tax Act, 1961, praying to formulate the substantial questionof law stated above; and allow the appeal and set aside theorders passed by the Income Tax Appellate Tribunal, PanajiBench, Panaji, in ITA No.406/PNJ/2014 dated 13.07.2015and confirm the order passed by the Assistant Commissionerof Income Tax, Belagavi, in the interest of justice and equity. This appeal coming on for Admission this day,RAGHVENDRA S. CHAUHAN, J, delivered the following: JUDGMENT Mr. H. R. Kambiyavar, the learned counsel,undertakes to appear for the respondent. Mr. Y. V. Raviraj, the learned counsel for theappellants fairly submits that the question raised in thisappeal is answered against the appellants in ITANo.100047/2015 and ITA Nos.100048-49/2015 (disposed ofon 16.12.2015). The said submission is taken on record.This appeal is accordingly dismissed. Sd/-JUDGE Sd/-JUDGE Kms