Ita/1727/2009 Of The Commissioner Of Income Tax,Trichur v. South Indian Bank Ltd.trichur
High Court
07 Oct 2010 In favour of: Unclear
Forum / Bench
High Court · highcourtofkerala
Parties
Ita/1727/2009 Of The Commissioner Of Income Tax,Trichur v. South Indian Bank Ltd.trichur
Date of order
07 Oct 2010
Assessment year(s)
—
Outcome
Other
Case summary
In Ita/1727/2009 Of The Commissioner Of Income Tax,Trichur v. South Indian Bank Ltd.trichur, the High Court (2010) decided the matter.
Decision: Following the saidjudgment we allow these departmental appeals by reversing the ordersof the Tribunal and by restoring the assessment confirmed in firstappeal.
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 C.N.RAMACHANDRAN NAIR
&
THE HONOURABLE MR. JUSTICE K.SURENDRA MOHAN
THURSDAY, THE 7TH OCTOBER 2010 / 15TH ASWINA 1932
ITA.No. 1727 of 2009()
----------------------
ITA.835/COCH/2007 of I.T.A.TRIBUNAL,COCHIN BENCH
....................
APPELLANT/APPELLANT
---------------------------------------
THE COMMISSIONER OF INCOME TAX,THRISSUR
BY ADV. SRI.JOSE JOSEPH, SC, FOR INCOME TAX
RESPONDENT/RESPONDENT
-------------------------
M/S.SOUTH INDIAN BANK LTD,
SIB HOUSE THRISSUR.
ADV. SRI.P.BALAKRISHNAN (E)
THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD
ALONG WITH ITA NOS.1730 & 1740 OF 2009 ON 07/10/2010, THE
COURT ON 07/10/2010 DELIVERED THE FOLLOWING:
C.N.RAMACHANDRAN NAIR &K.SURENDRA MOHAN, JJ.
....................................................................
I.T. Appeal Nos.1727, 1730 & 1740 of 2009
....................................................................Dated this the 7th day of October, 2010.
JUDGMENT
Ramachandran Nair, J.
The common question arising in all the appeals filed by theRevenue is the basis for identifying Rural Branches of the Bank. Wehave decided this issue on identical facts in the judgment in I.T.A.No.234/2009 in the case of Lord Krishna Bank. Following the saidjudgment we allow these departmental appeals by reversing the ordersof the Tribunal and by restoring the assessment confirmed in firstappeal.
Sd/-
C.N.RAMACHANDRAN NAIR
Judge
Sd/-
K.SURENDRA MOHANJudge
The last sentence of the common judgment dated 07/10/2010 inI.T.A.Nos.1727/2009, 1730/2009 and 1740/2009 is corrected and
I.T.Appeal Nos.1727, 1730 & 1740 of 2009
substituted as:
“Following the said judgment we allow these departmentalappeals by reversing the orders of the Tribunal and that of the C.I.T.(Appeals) and by restoring the assessments.”vide order dated 2.8.2011 in I.A.3062/2010 in I.T.A. 1727/2009,I.A.3080/2010 in I.T.A.1730/2009 and I.A.3063/2010 inI.T.A.1740/2009.
Sd/-Registrar (Judicial)
pms
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue