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Ita/109/2019 Of The Principal Commissioner Of Income Tax v. M/S Hosdurgservice Co-Operative Bank Ltd Hosdurg

High Court 29 Jan 2021 In favour of: Assessee
Forum / Bench
High Court · highcourtofkerala
Parties
Ita/109/2019 Of The Principal Commissioner Of Income Tax v. M/S Hosdurgservice Co-Operative Bank Ltd Hosdurg
Date of order
29 Jan 2021
Assessment year(s)
Outcome
Dismissed

Case summary

In Ita/109/2019 Of The Principal Commissioner Of Income Tax v. M/S Hosdurgservice Co-Operative Bank Ltd Hosdurg, the High Court (2021) 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 THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR.JUSTICE S.V.BHATTI & THE HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS FRIDAY, THE 29TH DAY OF JANUARY 2021 / 9TH MAGHA, 1942 ITA.No.109 OF 2019 AGAINST THE ORDER IN ITA 551/2017 DATED 18-09-2018 OF I.T.A.TRIBUNAL,COCHIN BENCH APPELLANT/S: THE PRINCIPAL COMMISSIONER OF INCOME TAX,KOZHIKODE. BY ADV. SRI.CHRISTOPHER ABRAHAM RESPONDENT/S: M/S HOSDURGSERVICE CO-OPERATIVE BANK LTD HOSDURG,HOSDURG, KASARGOD. R1 BY ADV. SRI.T.MADHUR1 BY ADV. SMT.C.R.SARADAMANI THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON 29.01.2021, THE COURTON THE SAME DAY DELIVERED THE FOLLOWING: J U D G M E N T Dated this the 29th day of January 2021 S.V. Bhatti, J. Memo dated 14.01.2021 filed by Sri.Christopher Abraham, learned Senior Standing Counsel, Income Tax Department, towithdraw the appeal is ordered. The appeal is accordinglydismissed as withdrawn. 2. Sri.Christopher Abraham draws our attention to the judgment of this Court in I.T.A. No.74 of 2016 dated 11.11.2019 and states that refund of proportionate court fee, taking intoconsideration the memo filed to withdraw the appeal etc., hasbeen granted. 3.Refund of proportionate court fee is ordered. Hence the Registry makes refund of court fee to the extent admissiblein law. Sd/- S.V.BHATTIJUDGE Sd/- BECHU KURIAN THOMAS JUDGE jjj PETITIONER'S/S EXHIBITS: ANNEXURE A ANNEXURE B ANNEXURE C APPENDIX TRUE COPY OF THE ASSESSMENT ORDER DATED 11.01.2016. TRUE COPY OF THE APPELLATE ORDER DATED 13.06.2017PASSED BY THE COMMISSIONER OF INCOME-TAX(APPEALS). TRUE COPY OF THE ORDER DATED 18.09.2018 PASSED BY THE INCOME-TAX APPELLATE TRIBUNAL.
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