Case LawHigh Court › Ita/152/2019 Of The Principal Commission...

Ita/152/2019 Of The Principal Commissioner Of Income Tax v. The Calicut North Service Co-Operative Bank Ltd

High Court 29 Jan 2021 In favour of: Assessee
Forum / Bench
High Court · highcourtofkerala
Parties
Ita/152/2019 Of The Principal Commissioner Of Income Tax v. The Calicut North Service Co-Operative Bank Ltd
Date of order
29 Jan 2021
Assessment year(s)
Outcome
Dismissed

The order — as passed by the High Court

Case summary

In Ita/152/2019 Of The Principal Commissioner Of Income Tax v. The Calicut North 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.
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.152 OF 2019 AGAINST THE ORDER IN ITA 491/2017 DATED 20-06-2018 OFI.T.A.TRIBUNAL,COCHIN BENCH APPELLANT: THE PRINCIPAL COMMISSIONER OF INCOME TAX,KOZHIKODE BY ADVS.CHRISTOPHER ABRAHAM, INCOME TAX DEPARTMENTK.M.V.PANDALAI, INCOME TAX DEPARTMENT RESPONDENT: M/S CALICUT NORTH SERVICE CO-OPERATIVE BANK LTD.,VENGERI, KARUVISSERI, KOZHIKODE. THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON29.01.2021, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: JUDGMENT 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 to withdraw the appeal is ordered. The appealis accordingly dismissed as withdrawn.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 that refund ofproportionate court fee, taking into consideration the memo filed to withdrawthe appeal etc., has been granted. Refund of proportionate court fee is ordered. Hence the Registry makesrefund of court fee to the extent admissible in law. Sd/- S.V.BHATTI JUDGE Sd/- BECHU KURIAN THOMAS JUDGE APPELLANT'S EXHIBITS: ANNEXURE A ANNEXURE B ANNEXURE C APPENDIX TRUE COPY OF THE ASSESSMENT ORDER DATED 7.12.2015 TRUE COPY OF THE APPELLATE ORDER DATED 18.5.2017 PASSED BY THE COMMISSIONER OF INCOME TAX (APPEALS). TRUE COPY OF THE ORDER DATED 20.6.2018 PASSED BY THE INCOME-TAX APPELLATE TRIBUNAL.
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