Ita/195/2000 Of The Commissioner Of Income Tax v. The Maharashtra State Co. Op.bank Ltd
High Court
22 Aug 2005 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Ita/195/2000 Of The Commissioner Of Income Tax v. The Maharashtra State Co. Op.bank Ltd
Date of order
22 Aug 2005
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Ita/195/2000 Of The Commissioner Of Income Tax v. The Maharashtra State Co. Op.bank Ltd, the High Court (2005) 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.
1
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPLICATION NO.195 OF 2000
The Commissioner of Income-tax,
Mumbai City III, Mumbai .. Petitioner.
V/s.
The Maharashtra State
Co-operative Bank Ltd., .. Respondent.
Dr.P. Daniel with Mr.G. hariharan i/b. R.N.
Bandopadhyay for the petitioner.
CORAM : V.C. DAGA &
J.P. DEVADHAR, JJ.
DATED : 22ND AUGUST, 2005.
P.C. :
1. The learned counsel appearing for the
revenue has fairly pointed out that during the
pendency of the appeal, the Apex Court has decided the issue against the revenue in the case of C.I.T.V/s. Karnataka State Co-operative Apex Bank [251 ITR194].
2. So far as second question is concerned, the
same is academic. Hence, no question of law is
involved in this application and the same is
dismissed.
(V.C. DAGA, J.)
2
(J.P. DEVADHAR, J.)
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