Ita/175/2019 Of The Principal Commissioner Of Income Tax v. The Chorode Service Co-Operative Bank Ltd
High Court
29 Jan 2021 In favour of: Assessee
Forum / Bench
High Court · highcourtofkerala
Parties
Ita/175/2019 Of The Principal Commissioner Of Income Tax v. The Chorode Service Co-Operative Bank Ltd
Date of order
29 Jan 2021
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Ita/175/2019 Of The Principal Commissioner Of Income Tax v. The Chorode 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.175 OF 2019
AGAINST THE ORDER IN ITA 480/2017 DATED 20-06-2018 OF I.T.A.TRIBUNAL,COCHIN BENCH
APPELLANT/S:
THE PRINCIPAL COMMISSIONER OF INCOME TAXKOZHIKODE
BY ADVS.CHRISTOPHER ABRAHAM, INCOME TAX DEPARTMENTK.M.V.PANDALAI, INCOME TAX DEPARTMENT
RESPONDENT/S:
M/S.THE CHORODE SERVICE CO-OPERATIVE BANK LTD.CHORODE, VADAKARA, KOZHIKODE
R1 BY ADV. SRI.P.RAGHUNATHR1 BY ADV. SRI.PREMJIT NAGENDRAN
THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON 29.01.2021, THE COURTON THE SAME DAY DELIVERED THE FOLLOWING:
ITA No.175/2019
J U D G M E N T
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, towithdraw the appeal is ordered. The appeal is accordinglydismissed as withdrawn.
2.
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 of proportionate court fee, taking intoconsideration the memo filed to withdraw the appeal etc., hasbeen granted.
ITA No.175/2019
3.Refund of proportionate court fee is ordered. Hencethe Registry makes refund of court fee to the extent admissiblein law.
Sd/-S.V.BHATTIJUDGE
Sd/-
BECHU KURIAN THOMASJUDGE
jjj
PETITIONER'S/S EXHIBITS:
ANNEXURE A
ANNEXURE B
ANNEXURE C
APPENDIX
TRUE COPY OF THE ASSESSMENT ORDER DATED 23-11-2015
TRUE COPY OF THE APPELLATE ORDER DATED 16-05-2017 PASSED BY THE COMMISSIONER OF INCOME -TAX (APPEALS)
TRUE COPY OF THE ORDER DATED 20-06-2018 PASSED BYTHE INCOME TAX APPELLATE TRIBUNAL
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.