Ita/149/2019 Of The Principal Commissionr Of Income Tax v. Dharmadam Service Co-Operative Bank Ltd
High Court
29 Jan 2021 In favour of: Assessee
Forum / Bench
High Court · highcourtofkerala
Parties
Ita/149/2019 Of The Principal Commissionr Of Income Tax v. Dharmadam Service Co-Operative Bank Ltd
Date of order
29 Jan 2021
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Ita/149/2019 Of The Principal Commissionr Of Income Tax v. Dharmadam Service Co-Operative Bank Ltd, 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.149 OF 2019
AGAINST THE ORDER IN ITA 568/Coch/2017 DATED 20-06-2018 OFI.T.A.TRIBUNAL,COCHIN BENCH
APPELLANT/RESPONDENT/RESPONDENT/REVENUE:
THE PRINCIPAL COMMISSIONR OF INCOME TAXKOZHIKODE
BY ADVS.SRI.CHRISTOPHER ABRAHAM, SR.STANDING COUNSEL,INCOME TAX DEPARTMENTSRI. K.M.V.PANDALAI, INCOME TAX DEPARTMENT
RESPONDENT/APPELLANT/APPELLANT/ASSESSEE:
M/S DHARMADAM SERVICE CO-OPERATIVE BANK LTD.PALAYAD POST, THALASSERY,KANNUR
R1 BY ADV. SRI.T.M.SREEDHARAN (SR.)R1 BY ADV. SRI.V.P.NARAYANANR1 BY ADV. SMT.DIVYA RAVINDRAN
THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON29.01.2021, THE COURT ON THE SAME DAY DELIVERED THEFOLLOWING:
JUDGMENT
Dated this the 29[th] day of January, 2021
S.V.Bhatti, J.
Memo dated 14.01.2021 filed by Sri.Christopher
Abraham, learned Senior Standing Counsel, Income Tax Departmentto withdraw the appeal is ordered. The appeal is accordinglydismissed as withdrawn.
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 thatrefund of proportionate court fee, taking into consideration the memofiled to withdraw the appeal etc., has been granted.
Refund of proportionate court fee is ordered. Hence the
Registry makes refund of court fee to the extent admissible in law.
Sd/-
S.V.BHATTI
JUDGE
Sd/-
BECHU KURIAN THOMAS
JUDGE
vps
APPENDIX
PETITIONER'S/S EXHIBITS:
ANNEXURE-A
TRUE COPY OF THE ASSESSMENT ORDER DATED24.11.2015
ANNEXURE-B
TRUE COPY OF THE APPELLATE ORDER DATED28.06.2017 PASSED BY THE COMMISSIONEROF INCOME-TAX (APPEALS)
ANNEXURE-C
TRUE COPY OF THE ORDER DATED 20.06.2018PASSED BY THE INCOME - TAX APPELLATETRIBUNAL
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