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In Commissioner Of Income-Tax v. Nedungadi Bankltd. (2003) 264 Itr 545, Following The Said Judgment We Dismiss Thedepartment's Appeal

High Court 22 Jul 2009 In favour of: Assessee

Forum / Bench

High Court · highcourtofkerala

Parties

Date of order

22 Jul 2009

Assessment year(s)

—

Outcome

Dismissed

Case summary

In In Commissioner Of Income-Tax v. Nedungadi Bankltd. (2003) 264 Itr 545, Following The Said Judgment We Dismiss Thedepartment's Appeal, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.

Decision: (2003) 264 ITR 545, following the said judgment we dismiss thedepartment's appeal.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.N.RAMACHANDRAN NAIR & THE HONOURABLE MR. JUSTICE C.K.ABDUL REHIM WEDNESDAY, THE 22ND JULY 2009 / 31ST ASHADHA 1931 ITA.No. 363 of 2009() --------------------- 1TA.180/COCH/2000 of I.T.A.TRIBUNAL,COCHIN BENCH .................... APPELLANT/RESPONDENT. ----------------------------------------- THE COMMISSIONER OF INCOME TAX, TRICHUR. BY ADV. SRI.P.K.R.MENON,SR.COUNSEL, GOI(TAXES) SRI.JOSE JOSEPH, SC, FOR INCOME TAX RESPONDENT(S): APPELLANT. ------------------------- M/S. DHANALAKSHMI BANK LTD., TRICHUR. THIS INCOME TAX APPEAL HAVING COME UP FOR ADMISSION ON 22/07/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: ON 22/07/2009, THE COURT ON THE SAME DAY DELIVERED THE C.N.RAMACHANDRAN NAIR &C.K.ABDUL REHIM, JJ. .................................................................... I.T. Appeal No.363 of 2009 ....................................................................Dated this the 22nd day of July, 2009. JUDGMENT Ramachandran Nair, J. Since the issue raised is covered against the Revenue by decision in COMMISSIONER OF INCOME-TAX V. NEDUNGADI BANKLTD. (2003) 264 ITR 545, following the said judgment we dismiss thedepartment's appeal. C.N.RAMACHANDRAN NAIRJudge pms C.K.ABDUL REHIM Judge

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