Ita/100016/2015 Of The Commissioner Of Income Tax v. The Hungund Taluka Teachers Co-Operative
High Court
26 Sep 2016 In favour of: Assessee
Forum / Bench
High Court · karhcdharwad
Parties
Ita/100016/2015 Of The Commissioner Of Income Tax v. The Hungund Taluka Teachers Co-Operative
Date of order
26 Sep 2016
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Ita/100016/2015 Of The Commissioner Of Income Tax v. The Hungund Taluka Teachers Co-Operative, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Sections referenced in this judgment
The order — as passed by the High Court
IN THE HIGH COURT OF KARNATAKA, DHARWAD BENCH
DATED THIS THE 26 DAY OF SEPTEMBER, 2016
PRESENT
THE HON’BLE MR. JUSTICE ASHOK B. HINCHIGERI
ANI
THE HON’BLE MR. JUSTICE P.S. DINESH KUMAR
L.T.A. No.100016/2015
BETWEEN:
1)The Commissioner of Income Jax,Dr. B.R. Ambedkar Road, Belagav1Dr. B.R. Ambedkar Road, Belagav1
|The Income Tax Officer,
Ward-1, Bagalkot. |... Appellants
(By Sri Y.V. Raviraj, Advocate)
AND)
The Hungund Taluka ‘Teachers Co operativCredit Society Ltd.,Huneund — 587 118,Dist: Bagalkote.... Respondent
(By Sri Saneram 8. Kulkarni, Advocate)
This IL.T.A. is filed under Section 260A of the Income Tax Act1961 against order passed in ITA No.1290/BANG/2013. date12.9.2014 on the file of the Income Tax Appellate Tribunal, *C’Bench, Bangalore, dismissing the appeal filed by the appellant.
This I-T.A. coming on for admission this day,P.S. DineshKumar J,delivered the following:
JUDGMENT
Sti Sangram S. Kulkarni, learned counsel accepts notice forrespondent.
2. Sri Y.V. Raviraj, learned counsel for the Revenue and SriSaneram S. Kulkarni, learned counsel for the respondent makea jointsubmission that the issue involved in this appeal is covered by thejudement of this Court in I.T.A.No.100029/2015. Their submission isplaced on record.
3. Resultantly, this appeal is dismissed making it clear that theparties shall be bound by the judgment of the Hon’ble Supreme Courtin the SLPs said to have been filed by the Revenue on the question oflaw raised 1n this appeal,
Sd/-
JUDGE
Sd/-JUDGE
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