Ita/1736/2009 Of The Commissioner Of Income Tax,Trichur v. South Indian Bank Ltd

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. 1736 of 2009() --------------------------- ITA.126/2008 of I.T.A.TRIBUNAL,COCHIN BENCH .................... APPELLANT/RESPONDENT -------------------------------- THE COMMISSIONER OF INCOME TAX, THRISSUR. BY ADV. SRI.JOSE JOSEPH, SC, FOR INCOME TAX RESPONDENT(S): APPELLANT ---------------------------------- M/S. SOUTH INDIAN BANK LTD.,SIB HOUSE, THRISSUR. ADV. SRI.P.BALAKRISHNAN (E) THIS INCOME TAX APPEAL HAVING COME UP FOR ADMISSION ON 07/10/2010, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: SVS/ C.N.RAMACHANDRAN NAIR & K.SURENDRA MOHAN, JJ.-------------------------------- I.T.A.No.1736 OF 2009 --------------------------------- Dated this the 7[th] day of October, 2010 J U D G M E N T ~~~~~~~~~~~ C.N.Ramachandran Nair, J. The questions raised in this appeal are the samedecided vide our judgment in I.T.A.No.1714/2009 renderedtoday. The only difference is that the issue repeatedly arose inthe course of revision of assessment based on the order issuedby the Commissioner under Section 263. Following thejudgment in I.T.A.No.1714/2009, we dispose of this I.T.A.directing the officer to revise the assessment based on thejudgment referred above. (C.N.RAMACHANDRAN NAIR, JUDGE) (K.SURENDRA MOHAN, JUDGE) ps