Case LawHigh Court › Ita/100109/2015 Of The Principal Commiss...

Ita/100109/2015 Of The Principal Commissioner O Income Tax v. The Maratha Cooperative Bank Ltd

High Court 16 Dec 2015 In favour of: Assessee
Forum / Bench
High Court · karhcdharwad
Parties
Ita/100109/2015 Of The Principal Commissioner O Income Tax v. The Maratha Cooperative Bank Ltd
Date of order
16 Dec 2015
Assessment year(s)
Outcome
Dismissed

Case summary

In Ita/100109/2015 Of The Principal Commissioner O Income Tax v. The Maratha Cooperative Bank Ltd, the High Court (2015) 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.

The order — as passed by the High Court

IN THB HIGH COURT OF KARNATAKA DHARWAD BENCH DATEBD THIS THE 1 DAY OF DECEMBER, 2015 PRESENT THE HON’BLE MR.JUSTICE S. ABDUL NAZEER AND THE HON’BLE MR.JUSTICE P.S.DINESH KUMARITA No. JQGQ1I1O9 OF BRIWEHEN 1.THE PRINCIPAL COMMISSIONER OF INCOME TAX,DR BR AMBEDKAR ROAD, BELAGAVI,DR BR AMBEDKAR ROAD, BELAGAVI, 2.THE INCOME TAX OFFICER,TDS WARD, BELGAUM.TDS WARD, BELGAUM. (BY SRI. Y V RAVIRAJ, ADV.) _.... APPELLANTS ANI THE MARATHA CO-OPERATIVE BANK LTD., 1477, BASAVAN GALLI,BELGAVI. —... RESPONDENT THIS [TA IS FILED UNDER SECTION QJ6O0OA OF “INCOME-TAX ACT, 1961 PRAYING TO (a) FORMULATE THESUBSTANTIAL QUESTION OF LAW STATED ABOVE; (b) ALLOWTHR APPBKRAL AND SBT - ASIDE THR ORDERS PASSED BY TINCOME - TAX APPELLATE TRIBUNAL, PANAJI BENCH PANAuI,LN|ITA.NO.432/PNJ/2014,DTD:25.03.2015HORTHE ASSESSMENT YEBEAR 2010-11 AND CONFIRM THE ORDPASSED|BY|THE;INCOMETAXOFRFKRICTDS.WARD,BELGAUM. THIS ITA COMING ON FOR ORDERS THIS DAY,P.S.DINESH KUMAR, J.IDHLIVERE]THE FOLLOWING: JUDGMENT ori Y.V.Raviraj, learned counsel appearing for theappellants submits that he does not press this appealin view of the circular No.21/2015 in F.No.279/Misc. 142/2007-ITJU(Pt), dated 10.12.201 ?)The submission of the learned counselappearing for the appellants is placed on record. Theappeal is dismissed as withdrawn. No costs. Sd/-JUDGE. Sd/-JUDGE. Naa
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