Ita/167/2014 Of The Commissioner Of Income Tax v. M/S. South Malabar Gramin Bank

IN THE HIGH COURT OF KERALA AT ERNAKULAMPRESENT THE HONOURABLE MR.JUSTICE K.VINOD CHANDRAN & THE HONOURABLE MR. JUSTICE ASHOK MENON THURSDAY ,THE 04TH DAY OF OCTOBER 2018 / 12TH ASWINA, 1940 ITA.No. 167 of 2014 AGAINST THE ORDER/JUDGMENT IN ITA 662/2013 ofI.T.A.TRIBUNAL,COCHIN BENCH DATED 07-03-2014 APPELLANT/S: THE COMMISSIONER OF INCOME TAX,AYAKASR BHAVAN, NORTH BLOCK, KOZHIKODE -673001. BY ADVS.SRI.P.K.R.MENON,SENIOR COUNSEL, GOI(TAXES)SRI.JOSE JOSEPH SC FOR INCOME TAX RESPONDENT/S: M/S. SOUTH MALABAR GRAMIN BANKSMGB TOWER, A.K.ROAD, MALAPPURAM BY ADVS.SRI.MOHAN PULIKKALSMT.MANJU RAJANSRI.K.S.MENON (K)SRI.P.P.NARAYANANSRI.R.SUDHIR THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON 04.10.2018, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: JUDGMENT Vinod Chandran, J. The learned Standing Counsel, Government of India(Taxes) submits, on instructions, that the Revenue may bepermitted to withdraw the appeal on the basis of thelitigation policy framed by the Central Board of DirectTaxes. Hence, the appeal is permitted to be withdrawn,leaving open the questions of law. Sd/-K.VINOD CHANDRANJUDGE Sd/- ASHOK MENONJUDGE APPENDIX PETITIONER'S/S EXHIBITS:ANNEXURE A:COPY OF ASST.ORDER DATED 27.02.2013.ANNEXURE B:COPY OF CIT(A)'S ORDER DATED 16.07.2013.ANNEXURE C:ORDER OF THE ITAT, KOCHI DATED 07.03.2014.