Ita/100203/2015 Of The Principal Commissioner Of Income Tax v. Krishna Cooperative Credit Society Ltd
High Court
16 Dec 2015 In favour of: Assessee
Forum / Bench
High Court · karhcdharwad
Parties
Ita/100203/2015 Of The Principal Commissioner Of Income Tax v. Krishna Cooperative Credit Society Ltd
Date of order
16 Dec 2015
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Ita/100203/2015 Of The Principal Commissioner Of Income Tax v. Krishna Cooperative Credit Society 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. J1QGOQ203 OF
BRIWEHEN
1.THE PRINCIPAL COMMISSIONER OF INCOME TAXDR BR AMBEDKAR VEEDHI,BBLAGAVIDR BR AMBEDKAR VEEDHI,BBLAGAVI
2.THE INCOME TAX OFFICER,WARD - 1(4), BELGAVIWARD - 1(4), BELGAVI
_. APPBLLANTS
(By Sri. Y V RAVIRAJ, ADV.)
AND:
KRISHNA COOPERATIVE CREDIT SOCIETY LITD.JAINPETH, AT POST & TALUK: ATHANIDIST: BELAGAVIPAN: AAAAKOZ61GJAINPETH, AT POST & TALUK: ATHANIDIST: BELAGAVIPAN: AAAAKOZ61G
—. RESPONDENT
THIS ITA IS FILED UNDER SECTION QJ6O0A OF T“INCOME-TAX ACT, 1961 PRAYING TO (a) FORMULATE THESUBSTANTIAL QUESTION OF LAW STATED ABOVE; (b) ALLOWTHR APPBAL AND SHIT ASIDE THR ORDERS PASSED BY TH
INCOME TAX APPELLATE TRIBUNAL, PANAJI BENCH PANAuJIIN ITA NO.97/PNJ/2015, DTD: 29.07.2015 AND CONFIRM THEORDER PASSED BY THE INCOME TAX OFFICER, WARD-1(3),BELAGAVI.
THIS ITA COMING ON FOR ORDERS THIS DAY,P.S.DINESH KUMAR, J.IDELIVEREDTHE 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
a2The submission of the learned counselappearing for the appellants is placed on record. Theappeal is dismissed as withdrawn. No costs.
Sd/-
JUDGE.
YN.
Sd/-
JUDGE.
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